debt
confidence high
sentiment neutral
materiality 0.60
Jabil issues $1B in senior notes: $500M at 4.200% due 2029, $500M at 4.750% due 2033
JABIL INC
- Issued $500M of 4.200% Senior Notes due 2029 and $500M of 4.750% Senior Notes due 2033.
- Notes are unsecured, rank equally with existing and future senior unsecured debt.
- Underwriters include BNP Paribas, Citigroup, Credit Agricole Securities, and SMBC Nikko.
- Company may redeem notes at make-whole premium before Jan 1, 2029 (2029 notes) or Dec 1, 2032 (2033 notes).
- Change-of-control repurchase at 101% of principal; customary covenants on liens and sale-leaseback.