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The company said it closed the offering on August 26, 2024 of 5.375% Notes due 2054, with an aggregate principal amount of $500,000,000, as stated in Item 8.01.

8-KOther EventsFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said it closed the offering on August 26, 2024 of 5.375% Notes due 2054, with an aggregate principal amount of $500,000,000, as stated in Item 8.01.

  2. The company said the offering was made under a purchase agreement dated August 19, 2024, with Barclays Capital Inc., J.P. Morgan Securities LLC, RBC Capital Markets, LLC, TD Securities (USA) LLC and Wells Fargo Securities, LLC serving as representatives of the underwriters.

  3. The company said an Officers’ Certificate dated August 26, 2024 established the terms of a new series of debt securities under the Indenture dated October 28, 1998, entitled “5.375% Notes due 2054,” and included the form of debt security.

  4. The company said the filing included as exhibits an opinion of Venable LLP (Exhibit 5.1), an opinion of Latham & Watkins LLP (Exhibit 5.2) and the related consents.

Summary

AI-written

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.

Closes 5.375% Notes due 2054 $500,000,000 Offering

The company said it closed the offering on August 26, 2024 of 5.375% Notes due 2054, with an aggregate principal amount of $500,000,000, as stated in Item 8.01.

Source · Based on the filing body and exhibits

Purchase Agreement Dated August 19, 2024 and Underwriter Representatives

The company said the offering was made under a purchase agreement dated August 19, 2024, with Barclays Capital Inc., J.P. Morgan Securities LLC, RBC Capital Markets, LLC, TD Securities (USA) LLC and Wells Fargo Securities, LLC serving as representatives of the underwriters.

Source · Based on the filing body and exhibits

New Series Terms Set Under 1998 Indenture

The company said an Officers’ Certificate dated August 26, 2024 established the terms of a new series of debt securities under the Indenture dated October 28, 1998, entitled “5.375% Notes due 2054,” and included the form of debt security.

Source · Based on the filing body and exhibits

Legal Opinions and Consents Filed as Exhibits

The company said the filing included as exhibits an opinion of Venable LLP (Exhibit 5.1), an opinion of Latham & Watkins LLP (Exhibit 5.2) and the related consents.

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.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.