The company said it priced its offering of 4.800% Senior Notes due 2029 totaling $450 million, 5.150% Senior Notes due 2034 totaling $300 million, and 5.800% Senior Notes due 2054 totaling $750 million on August 8, 2024.

1. 01

   The company said it priced its offering of 4.800% Senior Notes due 2029 totaling $450 million, 5.150% Senior Notes due 2034 totaling $300 million, and 5.800% Senior Notes due 2054 totaling $750 million on August 8, 2024.

2. 02

   The company said the New 2034 Notes are an additional issuance of 5.150% Senior Notes due 2034 issued on January 5, 2024, and that they will bring the outstanding principal amount of those notes, together with the existing $1.0 billion, to $1.3 billion.

3. 03

   The company said it plans to use the net proceeds of the offering to repay commercial paper, fund capital expenditures and for other general corporate purposes. It said general corporate purposes may include repaying near-term debt maturities.

4. 04

   The company said it priced the 2029 Notes at 99.810% of par, the New 2034 Notes at 99.037%, and the 2054 Notes at 99.784%, with settlement expected on August 13, 2024. The joint book-running managers are BofA Securities, PNC Capital Markets, RBC Capital Markets and SMBC Nikko Securities America.

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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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