AI English summary of an SEC filing — figures as filed
Illinois Tool Works ITWThe company issued and sold notes due May 17, 2028 with an aggregate principal amount of €650,000,000 and a coupon of 3.250%, the 2028 Notes, on May 17, 2024.
Key points
AI summaryThe company issued and sold notes due May 17, 2028 with an aggregate principal amount of €650,000,000 and a coupon of 3.250%, the 2028 Notes, on May 17, 2024.
Illinois Tool Works sold notes due May 17, 2032 with an aggregate principal amount of €850,000,000 and a coupon of 3.375%, the 2032 Notes, on May 17, 2024.
The notes were sold under an underwriting agreement dated May 14, 2024, the company said, with Citigroup Global Markets Limited and J.P. Morgan Securities plc acting as representatives of the underwriters.
The company said the notes were issued under its Form S-3 registration statement (No. 333-273706) filed on August 4, 2023 and its prospectus supplement dated May 14, 2024, and that the indenture dated November 1, 1986 and the Officers' Certificate set the terms of the notes.
Summary
AI-writtenAnalysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Company Issues €650,000,000 3.250% Notes Due 2028
The company issued and sold notes due May 17, 2028 with an aggregate principal amount of €650,000,000 and a coupon of 3.250%, the 2028 Notes, on May 17, 2024.
Source · Based on the filing body and exhibits
Company Issues €850,000,000 3.375% Notes Due 2032
Illinois Tool Works sold notes due May 17, 2032 with an aggregate principal amount of €850,000,000 and a coupon of 3.375%, the 2032 Notes, on May 17, 2024.
Source · Based on the filing body and exhibits
Underwriting Agreement Dated May 14, 2024 and Representative Underwriters
The notes were sold under an underwriting agreement dated May 14, 2024, the company said, with Citigroup Global Markets Limited and J.P. Morgan Securities plc acting as representatives of the underwriters.
Source · Based on the filing body and exhibits
Basis in Form S-3 Registration Statement and Indenture
The company said the notes were issued under its Form S-3 registration statement (No. 333-273706) filed on August 4, 2023 and its prospectus supplement dated May 14, 2024, and that the indenture dated November 1, 1986 and the Officers' Certificate set the terms of the notes.
Source · Based on the filing body and exhibits
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
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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