Summary
Air Products & Chemicals, Inc. (APD) announced on May 24, 2016, its entry into an underwriting agreement to issue and sell €350,000,000 in aggregate principal amount of 0.375% notes due June 1, 2021. This debt offering is expected to close on June 1, 2016. The issuance is being conducted under the company's existing Shelf Registration Statement on Form S-3, filed in November 2014, and a related Prospectus Supplement dated May 24, 2016. The filing of this 8-K serves to formally incorporate the Underwriting Agreement as an exhibit to this registration statement, providing transparency to investors regarding the terms of this new debt issuance.
Key Highlights
- 1APD entered into an underwriting agreement on May 24, 2016.
- 2The company plans to issue €350,000,000 in aggregate principal amount of notes.
- 3The notes will carry a coupon of 0.375% and mature on June 1, 2021.
- 4The expected closing date for the issuance is June 1, 2016.
- 5The debt offering is registered under a Form S-3 registration statement filed in November 2014.
- 6A Prospectus Supplement dated May 24, 2016, has been filed to detail this offering.
- 7The filing includes the Underwriting Agreement as an exhibit.