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Applied Materials | 424B2: Prospectus

SEC announcement ·  Jun 8 04:19
Summary by Futu AI
Applied Materials, Inc. announced the issuance of $700 million in 4.800% Senior Notes due June 15, 2029. Interest on these notes will be payable semi-annually on June 15 and December 15, starting December 15, 2024. The company may redeem the notes at any time before maturity at the redemption prices described in the prospectus supplement. The notes are offered globally and are unsecured obligations, ranking equally with the company's other unsecured and unsubordinated debt. The public offering price per note is 99.806%, with an underwriting discount of 0.350%, resulting in proceeds to Applied Materials, Inc. before expenses of 99.456%, totaling $696,192,000. The offering is expected to close on or about June 11, 2024, with BofA Securities, J.P. Morgan, Citigroup, Mizuho, MUFG, and Wells Fargo Securities acting as Joint Book-Running Managers. The offering involves risks, detailed in the 'Risk Factors' section starting on page S-6 of the prospectus supplement. The notes will be delivered to investors in registered book-entry form through The Depository Trust Company and its participants, including Clearstream Banking S.A. and Euroclear Bank, SA/NV.
Applied Materials, Inc. announced the issuance of $700 million in 4.800% Senior Notes due June 15, 2029. Interest on these notes will be payable semi-annually on June 15 and December 15, starting December 15, 2024. The company may redeem the notes at any time before maturity at the redemption prices described in the prospectus supplement. The notes are offered globally and are unsecured obligations, ranking equally with the company's other unsecured and unsubordinated debt. The public offering price per note is 99.806%, with an underwriting discount of 0.350%, resulting in proceeds to Applied Materials, Inc. before expenses of 99.456%, totaling $696,192,000. The offering is expected to close on or about June 11, 2024, with BofA Securities, J.P. Morgan, Citigroup, Mizuho, MUFG, and Wells Fargo Securities acting as Joint Book-Running Managers. The offering involves risks, detailed in the 'Risk Factors' section starting on page S-6 of the prospectus supplement. The notes will be delivered to investors in registered book-entry form through The Depository Trust Company and its participants, including Clearstream Banking S.A. and Euroclear Bank, SA/NV.
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