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 September 2029 and will bear interest at an annual rate of 2.750 percent. The offering is expected to close on September 16, 2019, subject to customary closing conditions.
The estimated net proceeds of the offering are expected to be approximately $492.8 million. Agilent intends to use the net proceeds from the offering and cash on hand to fund the redemption of its outstanding 5.00% senior notes due 2020.
Barclays Capital Inc., J.P. Morgan Securities LLC and MUFG Securities Americas Inc. are acting as joint book-running managers.
Copies of the prospectus supplement and the accompanying prospectus relating to the offering can be obtained from:
Barclays Capital Inc.
745 Seventh Avenue
New York, NY 10019
Telephone: (888) 603-5847
J.P. Morgan Securities LLC
383 Madison Avenue
New York, NY 10179
Telephone: (212) 834-4533
MUFG Securities Americas Inc.
1221 Avenue of the Americas, 6th Floor
New York, NY 10020-1001
Telephone: (877) 649-6848
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.