The company said it repaid in full all outstanding indebtedness under the 364-day delayed draw credit agreement with JPMorgan Chase Bank, N.A. as administrative agent, and terminated the agreement on September 9, 2024. It said the repayment amount was $761 million.

1. 01

   The company said it repaid in full all outstanding indebtedness under the 364-day delayed draw credit agreement with JPMorgan Chase Bank, N.A. as administrative agent, and terminated the agreement on September 9, 2024. It said the repayment amount was $761 million.

2. 02

   Illumina said it entered into an underwriting agreement with J.P. Morgan Securities LLC and Goldman Sachs & Co. LLC on September 4, 2024 to issue and sell 4.650% notes due 2026 with an aggregate principal amount of $500,000,000.

3. 03

   The company said it used the net proceeds from the notes offering, together with cash on hand, to repay the outstanding indebtedness under the credit agreement. It said no prepayment premium or penalty was incurred, other than customary breakage costs.

4. 04

   The company said the notes bear interest at 4.650% per annum, payable semi-annually, and mature on September 9, 2026. It said it may redeem the notes at its option, in whole or in part, and that upon an Event of Default the principal amount may be declared, or become, immediately due and payable.

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Original filing

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