The company said it voluntarily elected to terminate its $1,500,000,000 364-Day Facility effective May 16, 2025. It said there were no borrowings outstanding under the facility as of May 9, 2025.

1. 01

   The company said it voluntarily elected to terminate its $1,500,000,000 364-Day Facility effective May 16, 2025. It said there were no borrowings outstanding under the facility as of May 9, 2025.

2. 02

   The company said its subsidiary Tyco Electronics Group S.A. (TEGSA) issued $450,000,000 of 4.500% Senior Notes due 2031 and $450,000,000 of 5.000% Senior Notes due 2035 on May 9, 2025.

3. 03

   The company said the net proceeds from the notes, after deducting the underwriters’ discount but before other expenses, are about $887.5 million and will be used for general corporate purposes. It said this includes repayment of debt incurred in connection with the Richards Manufacturing business acquisition.

4. 04

   The company said it expects to reduce the capacity of its existing commercial paper program from $2.75 billion to $1.25 billion after terminating the 364-Day Facility and repaying commercial paper with the net proceeds of the new notes.

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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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