The company said it completed the issuance of notes due February 19, 2025 2027 4.700% $600,000,000, 5.050% notes due 2030 $550,000,000, and 5.500% notes due 2035 $600,000,000.

1. 01

   The company said it completed the issuance of notes due February 19, 2025 2027 4.700% $600,000,000, 5.050% notes due 2030 $550,000,000, and 5.500% notes due 2035 $600,000,000.

2. 02

   The company said interest on each series of notes is payable semi-annually in arrears on February 19 and August 19 of each year, with the first payment on August 19, 2025, and that the notes mature on February 19 in 2027, 2030 and 2035, respectively.

3. 03

   The company said it will be required to redeem the 2030 and 2035 notes in full in cash at 101% of principal plus accrued and unpaid interest if the Paragon 28 merger is not completed by the deadline or the merger agreement is terminated. The 2027 notes are not subject to this mandatory redemption.

4. 04

   The company said it may redeem each series of notes before the Par Call Date at the greater of the present value of remaining payments discounted at the Treasury rate plus 10 basis points (2027 notes) or 15 basis points (2030 and 2035 notes), or 100% of principal. It also said that upon a Change of Control Repurchase Event, it will offer to repurchase the notes at 101% of principal.

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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