The company said it will issue New Notes in exchange offers covering 10 series of existing notes (Old Notes), with the New Notes maturing on July 2, 2037, and carrying a coupon of 5.401%.

1. 01

   The company said it will issue New Notes in exchange offers covering 10 series of existing notes (Old Notes), with the New Notes maturing on July 2, 2037, and carrying a coupon of 5.401%.

2. 02

   The company said it capped the maximum aggregate principal amount of New Notes to be issued across all exchange offers at $2.5 billion. It also said it will not complete the exchange offers if the New Notes to be issued would be less than $750 million.

3. 03

   The company said its cash offers, which are open only to holders who are not eligible for the exchange offers, are conditioned on the total consideration for those cash offers, excluding accrued coupon payments, not exceeding $300 million.

4. 04

   The company said both the exchange and cash offers will expire on June 18, 2025 at 5:00 p.m. (Eastern time), with settlement expected on June 25, 2025. It said it will accept series in order of their acceptance priority levels, with 1 being the highest.

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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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