The company said it completed a registered offering of $500 million aggregate principal amount of 5.250% Senior Notes due 2032 under its Form S-3 registration statement on March 11, 2025.

1. 01

   The company said it completed a registered offering of $500 million aggregate principal amount of 5.250% Senior Notes due 2032 under its Form S-3 registration statement on March 11, 2025.

2. 02

   The company said the Notes bear interest at 5.250% per year and mature on June 1, 2032. Interest is payable semi-annually in cash in arrears from June 1, 2025 on June 1 and December 1.

3. 03

   The company said the Notes are senior unsecured obligations that rank equally in right of payment with its other senior indebtedness. The Indenture contains covenants restricting liens, sale and leaseback transactions, and mergers, consolidations, or sales of all or substantially all assets. Upon a change of control repurchase event, the company must offer to repurchase the Notes at 101% of principal amount, plus accrued and unpaid interest.

4. 04

   The company said it may redeem some or all of the Notes before April 1, 2032 by paying the make-whole premium set out in the Indenture. On or after April 1, 2032, it may redeem the Notes at 100% of the principal amount being redeemed, plus accrued and unpaid interest.

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Original filing

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