debt
confidence high
sentiment neutral
materiality 0.50
Agilent closes $600M offering of 4.900% Senior Notes due 2032
AGILENT TECHNOLOGIES, INC.
- $600M aggregate principal of 4.900% Senior Notes due Jan 15, 2032, issued at 99.968%.
- Notes are senior unsecured, rank equally with existing unsubordinated debt, no subsidiary guarantees.
- Redeemable at make-whole plus 10 bps before Dec 15, 2031; thereafter at par.
- Registration rights agreement: exchange offer target by June 25, 2027; failure triggers 0.25% interest step-up per 90 days up to 0.50%.
- Covenants limit liens, sale-leaseback, and mergers; customary events of default apply.