The company said it completed the issuance of 3.125% Notes due 2032 in an aggregate principal amount of €500,000,000 through the public offering it had announced earlier, on May 14, 2024.

1. 01

   The company said it completed the issuance of 3.125% Notes due 2032 in an aggregate principal amount of €500,000,000 through the public offering it had announced earlier, on May 14, 2024.

2. 02

   In the same offering, the company also issued 3.500% Notes due 2044 in an aggregate principal amount of €500,000,000, and the two series of notes are together referred to as the Euro Notes.

3. 03

   The company said the Euro Notes offering was made under its Form S-3 shelf registration statement (Registration No. 333-268053) filed with the SEC on October 28, 2022, and that the notes were issued under the Amended and Restated Indenture dated as of April 26, 1988.

4. 04

   The company said it plans to use the net proceeds from the Euro Notes for general corporate purposes, including working capital, capital expenditures, acquisitions of or investments in businesses or assets, and redemption or repayment of short-term or long-term borrowings, as well as for any potential payments related to its ongoing tax litigation with the U.S. Internal Revenue Service.

Analysis 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.

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.