The company said it commenced 14 separate offers to purchase for cash up to $2,250,000,000 in aggregate principal amount of its senior notes across 14 series, on February 27, 2024.

1. 01

   The company said it commenced 14 separate offers to purchase for cash up to $2,250,000,000 in aggregate principal amount of its senior notes across 14 series, on February 27, 2024.

2. 02

   The company said it will accept notes in order of Acceptance Priority Level, from 1 (highest) to 14 (lowest), subject to the total purchase amount not exceeding the Maximum Purchase Amount of $2,250,000,000. If a series is accepted, all validly tendered notes of that series will be accepted, and no series will be prorated.

3. 03

   The company said it offered to buy back 3.360% Senior Notes due 2031 (625,000,000 principal outstanding) at Acceptance Priority Level 1, and 2.250% Senior Notes due 2031 ($1,250,000,000 principal outstanding) at Acceptance Priority Level 4; Acceptance Priority Level 14 is 2.000% Senior Notes due 2030.

4. 04

   The company said the offers are set to expire at 5 p.m. (Eastern time) on March 4, 2024, unless extended or earlier terminated. It said the Initial Settlement Date is expected to be March 7, 2024 and the Guaranteed Delivery Settlement Date is expected to be March 8.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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