Agilent Technologies Announces Pricing of $500 Million of Senior Notes
02 June 2020 - 6:30AM
Business Wire
Agilent Technologies, Inc. (NYSE: A) today announced the pricing
of an underwritten, registered public offering of a series of its
senior notes in an aggregate principal amount of $500 million. The
offering is being conducted under an automatic shelf registration
statement on file with the Securities and Exchange Commission. The
notes will mature in June 2030 and will bear interest at an annual
rate of 2.100 percent. The offering is expected to close on June 4,
2020, subject to the satisfaction of customary closing
conditions.
The estimated net proceeds of the offering are expected to be
approximately $494.3 million. Agilent intends to use the net
proceeds from the offering for general corporate purposes,
including, together with cash on hand, to repay borrowings under
its term loan facility.
BofA Securities, Inc., Mizuho Securities USA LLC and Wells Fargo
Securities, LLC are acting as joint book-running managers.
Copies of the prospectus supplement and the accompanying
prospectus relating to the offering can be obtained from:
BofA Securities, Inc. NC1-004-03-43 200 North College
Street, 3rd floor Charlotte NC 28255-0001 Attn: Prospectus
Department Email: dg.prospectus_requests@bofa.com Telephone: (800)
294-1322
Mizuho Securities USA LLC 1271 Avenue of the Americas New
York, NY 10020 Attn: Debt Capital Markets Telephone: (866)
271-7403
Wells Fargo Securities, LLC 608 2nd Avenue South, Suite
1000 Minneapolis, MN 55402 Attn: WFS Customer Service Email:
wfscustomerservice@wellsfargo.com Telephone: (800) 645-3751
Electronic copies of the prospectus supplement and accompanying
prospectus are or will be available for free by visiting EDGAR on
the Securities and Exchange Commission website at www.sec.gov. This
press release does not constitute an offer to sell or the
solicitation of an offer to buy any of the securities nor shall
there be any sale of these securities in any jurisdiction in which
such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such
jurisdiction.
About Agilent Technologies
Agilent Technologies Inc. (NYSE: A) is a global leader in life
sciences, diagnostics and applied chemical markets. Now in its 20th
year as an independent company delivering insight and innovation
toward improving the quality of life, Agilent instruments,
software, services, solutions and people provide trusted answers to
customers' most challenging questions.
Forward-Looking Statements
This release contains “forward-looking statements” within the
meaning of the federal securities laws, including with respect to
the closing of our senior notes offering and the anticipated use of
the net proceeds therefrom. Forward-looking statements are
typically identified by words or phrases such as “will,”
“anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,”
“believe,” “target,” “forecast,” and other words and terms of
similar meaning. These statements are subject to significant risks
and uncertainties, including, without limitation, risks and
uncertainties related to economic, market or business conditions
and satisfaction of customary closing conditions related to the
public offering. No assurance can be given that the securities
offering discussed above will be consummated on the terms described
or at all. Except as required by law, we expressly disclaim any
obligation to publicly revise any forward-looking statements
contained in this news release to reflect the occurrence of events
after the date of this news release.
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version on businesswire.com: https://www.businesswire.com/news/home/20200601005712/en/
Investor Contact: Ankur Dhingra +1 408 345 8948
ankur_dhingra@agilent.com
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