Keysight Technologies, Inc. (“Keysight”) announced the pricing of an underwritten, registered public offering of its senior unsecured notes in an aggregate principal amount of $500 million. The notes will mature in October 2029 and will bear interest at an annual rate of 3.000 percent. The offering is expected to close on October 22, 2019, subject to customary closing conditions.
Keysight intends to use the net proceeds from the offering to repay its outstanding $500 million of 3.30% senior notes due October 30, 2019.
BofA Securities, Inc., Citigroup Global Markets Inc. and Wells Fargo Securities, LLC are the joint lead book-running managers for the offering. Barclays Capital Inc., BNP Paribas Securities Corp., Credit Suisse Securities (USA) LLC and Deutsche Bank Securities Inc. are also book-running managers for the offering.
For more information, visit: www.keysight.com
