secwatch.observer — SEC 8-K summary
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Issuer:     Air Products & Chemicals, Inc. (APD)
CIK:        0000002969
Form:       8-K
Filed at:   2023-03-03T23:59:59+00:00
Accession:  0001193125-23-060036
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Air Products issues $600M 4.800% notes due 2033 and €700M 4.000% notes due 2035
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- Net proceeds of ~$594.9M from U.S. notes and ~€688.6M from Eurobonds.
- Proceeds to finance eligible projects: pollution control, renewable energy, sustainable aviation fuel.
- Notes issued under existing indenture; U.S. notes redeemable at company's option, Eurobonds redeemable on tax events.
- Underwriters include Citigroup, SMBC Nikko, J.P. Morgan, Mizuho for U.S.; Citigroup, SMBC Nikko, BNP Paribas, HSBC for Euro.
- Company may hold proceeds in treasury or repay debt pending allocation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2969/000119312523060036/0001193125-23-060036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2969/000119312523060036/d475431d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-060036

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