Summary
Keysight Technologies, Inc. (KEYS) announced on April 11, 2025, that it has entered into an underwriting agreement to issue and sell $750,000,000 aggregate principal amount of 5.350% Notes due 2030. This offering is being conducted under an effective registration statement previously filed with the SEC. The closing of the offering is anticipated to occur on April 17, 2025, contingent upon the fulfillment of customary closing conditions. This debt issuance represents a significant capital-raising event for Keysight. Investors should note the specific terms of the Notes, including the 5.350% coupon rate and the 2030 maturity date. The use of proceeds from this offering is not detailed in this filing, but such debt issuances are typically used for general corporate purposes, potential acquisitions, or to refinance existing debt. The company has engaged prominent underwriters, including BNP Paribas Securities Corp., Citigroup Global Markets Inc., and BofA Securities, Inc., to facilitate this offering.
Key Highlights
- 1Keysight Technologies, Inc. is issuing $750 million in aggregate principal amount of 5.350% Notes due 2030.
- 2The offering is being conducted under an effective registration statement filed with the SEC.
- 3The underwriting agreement was entered into on April 10, 2025, with the filing made on April 11, 2025.
- 4The expected closing date for the note offering is April 17, 2025.
- 5The offering is subject to customary closing conditions.
- 6Key underwriters include BNP Paribas Securities Corp., Citigroup Global Markets Inc., and BofA Securities, Inc.