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.
200 North College Street, 3rd floor
Charlotte NC 28255-0001
Attn: Prospectus Department
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
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.