Summary
Amphenol Corporation (APH) announced on October 28, 2024, its entry into an Underwriting Agreement to issue $1.5 billion in aggregate principal amount of senior notes across three tranches: $250 million of 5.050% Senior Notes due 2027, $750 million of 5.000% Senior Notes due 2054, and $500 million of 5.375% Senior Notes due 2054. The 2027 notes are an additional issuance that will be fungible with the existing 2027 notes issued earlier in the year. This debt offering is expected to close on October 31, 2024, subject to customary closing conditions. The primary purpose of this filing is to disclose the material definitive agreement related to this significant debt issuance. The company also issued a press release on October 28, 2024, announcing the pricing of these notes, which is incorporated by reference. Investors should note the total capital being raised and the respective interest rates and maturities for each note series, as this indicates Amphenol's strategy for financing its operations and growth.
Key Highlights
- 1Amphenol entered into an underwriting agreement to issue $1.5 billion in senior notes.
- 2The issuance includes three series: $250M of 5.050% Senior Notes due 2027, $750M of 5.000% Senior Notes due 2035, and $500M of 5.375% Senior Notes due 2054.
- 3The 2027 notes are an additional issuance and will be fungible with existing 2027 notes.
- 4The offering is expected to close on October 31, 2024.
- 5The filing details the material definitive agreement and incorporates a press release announcing the pricing of the notes.