Jabil Announces Pricing of $500 Million Aggregate Principal Amount of 3.95% Senior Notes Due 2028
13 January 2018 - 1:00AM
Business Wire
Jabil (NYSE: JBL) today announced the pricing of its offering of
$500 million aggregate principal amount of 3.95% Senior Notes due
2028 (the "Offering"). Jabil anticipates that the closing of the
Offering will occur on January 17, 2018, subject to customary
closing conditions. Jabil intends to use the net proceeds from the
Offering for general corporate purposes, including to redeem $400.0
million aggregate principal amount of its outstanding 8.25% Senior
Notes due 2018 and pay the related “make-whole” premium.
About Jabil
Jabil (NYSE: JBL) is a product solutions company providing
comprehensive design, manufacturing, supply chain and product
management services. Operating from over 100 facilities in 29
countries, Jabil delivers innovative, integrated and tailored
solutions to customers across a broad range of industries.
Additional Information
Nothing in this release should be construed as a notice of
redemption with respect to the 8.25% Senior Notes due 2018. Jabil
has filed a registration statement (including a prospectus) and a
prospectus supplement with the Securities Exchange Commission
(“SEC”) relating to the Offering. This release does not constitute
an offer to sell or the solicitation of an offer to buy these
securities nor shall there be any sale of these securities in any
state or jurisdiction in which such an offer, solicitation or sale
would be unlawful prior to registration or qualification under the
securities laws of any such jurisdiction. Any offering of
securities will be made only by means of the prospectus in that
registration statement and the related prospectus supplement. These
documents can be obtained for free by visiting EDGAR on the SEC Web
site at www.sec.gov. Alternatively Jabil will arrange to send you
the prospectus and related prospectus supplement if you request
them by calling (727) 577-9749.
This news release contains forward-looking statements, including
those regarding our anticipated closing of the Offering and our
anticipated use of proceeds. The statements in this release are
based on current expectations, forecasts and assumptions involving
risks and uncertainties that could cause actual outcomes and
results to differ materially from our current expectations. Factors
that could cause such differences can be found in our Annual Report
on Form 10-K for the fiscal year ended August 31, 2017 and our
other filings with the SEC. We assume no obligation to update these
forward-looking statements.
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version on businesswire.com: http://www.businesswire.com/news/home/20180112005270/en/
JabilInvestor & Media Contact:Beth Walters,
727-803-3511Senior Vice PresidentInvestor Relations &
Communicationsbeth_walters@jabil.com
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