WS News
17 Apr 2025, 09:47
HP Inc. Prices $1 Billion in Notes Offering and Appoints New Trustee for Future Securities
HP Inc. entered into a Third Supplemental Indenture to appoint U.S. Bank Trust Company, N.A. as the successor trustee for all new securities issued going forward. The Bank of New York Mellon Trust Company will remain trustee for previously issued securities.
On the same day, HP signed an Underwriting Agreement with BNP Paribas Securities Corp., BofA Securities, Inc., and Goldman Sachs & Co. LLC to issue and sell $1 billion in notes. The offering includes $500 million of 5.400% notes due 2030 and $500 million of 6.100% notes due 2035. These notes are registered under HP’s shelf registration statement filed on February 29, 2024.
HP Inc. entered into a Third Supplemental Indenture to appoint U.S. Bank Trust Company, N.A. as the successor trustee for all new securities issued going forward. The Bank of New York Mellon Trust Company will remain trustee for previously issued securities.
On the same day, HP signed an Underwriting Agreement with BNP Paribas Securities Corp., BofA Securities, Inc., and Goldman Sachs & Co. LLC to issue and sell $1 billion in notes. The offering includes $500 million of 5.400% notes due 2030 and $500 million of 6.100% notes due 2035. These notes are registered under HP’s shelf registration statement filed on February 29, 2024.
