Issues $500M Senior Notes
Issues $500M senior notes due 2034 in private placement to fund tender offer and general corporate purposes
Intends to use net proceeds, with cash on hand if needed, to fund purchase of any and all 6.000% Senior Notes due 2028 validly tendered and accepted in a concurrent cash tender offer. - If the tender offer is not consummated or proceeds exceed the tender offer consideration, remaining net proceeds are intended for general corporate purposes, which may include repayment, redemption, or repurchase of outstanding indebtedness.