The company said it completed a registered offering on January 5, 2024 of 4.900% Senior Notes due 2029 totaling $1.1 billion in aggregate principal amount and 5.150% Senior Notes due 2034 totaling $1.0 billion in aggregate principal amount.

1. 01

   The company said it completed a registered offering on January 5, 2024 of 4.900% Senior Notes due 2029 totaling $1.1 billion in aggregate principal amount and 5.150% Senior Notes due 2034 totaling $1.0 billion in aggregate principal amount.

2. 02

   The company said both series of notes pay interest semi-annually in cash in arrears on March 15 and September 15, with the first interest payment due on September 15, 2024. The notes are senior unsecured obligations and rank equally in right of payment with its other senior indebtedness.

3. 03

   The company said the Indenture contains covenants that restrict its ability to incur liens to secure debt and to merge, consolidate or sell, assign, transfer, lease, convey or otherwise dispose of all or substantially all of its assets. The Indenture also includes customary events of default, including payment defaults and certain bankruptcy, insolvency or reorganization events.

4. 04

   The company said it may redeem the 2029 Notes before February 15, 2029 and the 2034 Notes before December 15, 2033 at a make-whole premium. On or after those dates, it may redeem the notes at a price equal to 100% of the principal amount, plus accrued and unpaid interest.

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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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