8-KOther Events

3M CO 8-K Report (May 10, 2001)

Filed May 10, 2001For Securities:MMM

Summary

This 8-K filing by 3M Company (MMM), dated May 10, 2001, primarily serves to update its public filings regarding a debt offering. Specifically, it includes a Pricing Supplement for debt securities due 2004, which was filed with the SEC on May 10, 2001, and dated May 8, 2001. This supplement relates to a prior Prospectus dated January 12, 2001, and a Prospectus Supplement dated May 3, 2001, all filed under a registration statement previously filed on October 30, 2000. For investors, this filing indicates that 3M is actively managing its debt structure and has completed or is in the process of completing a new debt issuance. The inclusion of the Pricing Supplement provides details on the terms of these new debt securities. Additionally, the filing incorporates the opinion and consent of Gregg M. Larson, Assistant General Counsel, as exhibits, which are standard for such debt offerings to confirm the legality and compliance of the issuance.

Key Highlights

  • 13M Company filed an 8-K on May 10, 2001, related to debt securities.
  • 2A Pricing Supplement for debt securities due 2004 was filed, dated May 8, 2001.
  • 3This filing is in connection with a debt offering under a previously filed registration statement.
  • 4The filing includes the Opinion of Counsel regarding the legality of the issuance.
  • 5The filing also includes the Consent of Counsel.
  • 6Gregg M. Larson, Assistant General Counsel, provided the opinion and consent.
  • 7The filing confirms 3M's ongoing capital market activities and debt management.

Frequently Asked Questions

The main purpose of this 8-K filing is to provide public notice of 3M Company's debt offering, specifically by filing a Pricing Supplement for debt securities due 2004 and including the necessary legal opinions and consents related to this issuance.

The filing references an offering of debt securities due in 2004. This offering is related to a Prospectus dated January 12, 2001, and a Prospectus Supplement dated May 3, 2001, filed under a Form S-3 registration statement.

The 'Opinion of Counsel' is a legal opinion from 3M's Assistant General Counsel, Gregg M. Larson, confirming the legality and validity of the debt securities being issued. The 'Consent of Counsel' is his consent to the use of his opinion in connection with the offering, both of which are required regulatory filings for debt issuances.

While the 8-K itself primarily serves to announce the filing of the Pricing Supplement, the Pricing Supplement itself (dated May 8, 2001) would contain the specific terms, interest rates, maturity dates, and other details of the debt securities being offered.