debt
confidence high
sentiment neutral
materiality 0.65
Xylem to redeem entire €500M 2.250% Senior Notes due 2023 on Dec 12, 2022
Xylem Inc.
- Redemption of €500M aggregate outstanding principal amount of 2.250% Senior Notes due 2023.
- Redemption date set for December 12, 2022; price at greater of 100% of principal or discounted at Comparable Government Bond Rate plus 40 bps, plus accrued interest.
- Paying agent is Deutsche Bank AG, London Branch; notice of redemption has been issued to holders.
- The redemption follows the terms of the Indenture dated March 11, 2016, as supplemented.