The company said it completed a registered offering on August 13, 2024 of $450 million aggregate principal amount of its 4.800% Senior Notes due 2029, $300 million of its 5.150% Senior Notes due 2034, and $750 million of its 5.800% Senior Notes due 2054.

1. 01

   The company said it completed a registered offering on August 13, 2024 of $450 million aggregate principal amount of its 4.800% Senior Notes due 2029, $300 million of its 5.150% Senior Notes due 2034, and $750 million of its 5.800% Senior Notes due 2054.

2. 02

   The company said the New 2034 Notes are an additional issuance of its 5.150% Senior Notes due 2034 issued on January 5, 2024, and will trade interchangeably with the $1.0 billion aggregate principal amount of those original notes.

3. 03

   The company said interest on the New 2034 Notes is payable semi-annually in cash on March 15 and September 15 each year, and interest on the 2029 Notes and 2054 Notes is payable semi-annually in cash on May 15 and November 15. It said the Notes are senior unsecured obligations.

4. 04

   The company said it may redeem the 2029 Notes before October 15, 2029, the New 2034 Notes before December 15, 2033, and the 2054 Notes before May 15, 2054, at a make-whole premium. After those dates, it may redeem the notes at 100% of their principal amount plus accrued and unpaid interest. The Indenture contains covenants that restrict liens on assets and mergers, consolidations, or sales of all or substantially all assets.

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

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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