Keysight Technologies has revealed the pricing for its underwritten, registered public offering of senior unsecured fixed-rate notes, totaling $600,000,000 (the “Offering”). These notes, which will mature in 2034, carry an annual interest rate of 4.950%. The Offering is set to close on October 9, 2024, pending customary closing conditions.
The net proceeds from this Offering will be utilized for general corporate purposes, including the repayment of $600 million in outstanding senior notes with a 4.55% interest rate, which are due on October 30, 2024.
The joint lead book-running managers for the Offering include BNP Paribas Securities Corp., Citigroup Global Markets Inc., and BofA Securities, Inc., with Barclays Capital Inc. and J.P. Morgan Securities LLC also serving as book-running managers.
This Offering is conducted under an effective shelf registration statement filed with the Securities and Exchange Commission (SEC) and will be available only through a prospectus supplement associated with the Offering and the accompanying base shelf prospectus. Interested parties can obtain copies of these documents by contacting the following:
- BNP Paribas Securities Corp., 787 Seventh Avenue, 3rd Floor, New York, NY 10019, phone: (800) 854-5674, email: [email protected]
- Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, phone: (800) 831-9146, email: [email protected]
- BofA Securities, Inc., Prospectus Department, NC1-022-02-25, 201 North Tryon Street, Charlotte, NC 28255-0001, phone: (800) 294-1322, email: [email protected]
- Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, phone: (888) 603-5847, email: [email protected]
- J.P. Morgan Securities LLC, High Grade Syndicate Desk, 383 Madison Avenue, 3rd Floor, New York, NY 10179, phone: (212) 834-4533, email: [email protected]
These documents have been filed with the SEC and can be accessed on the SEC’s website at www.sec.gov.
This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities. Additionally, there will be no sale of these securities in any state or jurisdiction where such an offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of that state or jurisdiction.
