Press release
KLA Announces Offering Of Senior Notes
MILPITAS, Calif., Feb. 19, 2020 /PRNewswire/ -- KLA Corporation (NASDAQ: KLAC) today announced that it intends to offer, subject to market and other
About this update from Kla Corporation
[{"type":"text","content":"MILPITAS, Calif., Feb. 19, 2020 /PRNewswire/ -- KLA Corporation (NASDAQ: KLAC) today announced that it intends to offer, subject to market and other conditions, senior notes under an automatic shelf registration statement on file with the Securities and Exchange Commission (SEC). \nhttps://mma.prnewswire.com/media/806571/KLA_Corporation_Logo.jpg \nKLA intends to use approximately $523.6 million of the net proceeds of the offering to redeem $500.0 million in aggregate principal amount of its 4.125% senior notes due 2021, and the remaining net proceeds for general corporate purposes, which may include repayment of amounts outstanding under KLA's credit agreement. \nCitigroup Global Markets Inc., J.P. Morgan Securities LLC, Wells Fargo Securities, LLC, BofA Securities, Inc., MUFG Securities Americas Inc., and SunTrust Robinson Humphrey, Inc. are acting as joint book-running managers of the offering.\nKLA has filed an effective registration statement (including a preliminary prospectus supplement and accompanying base prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the effective registration statement (including the preliminary prospectus supplement and accompanying base prospectus) for more complete information about KLA and this offering. You may obtain copies of these documents free of charge by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, copies may be obtained from Citigroup Global Markets Inc. at: Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, Telephone: (800) 831-9146; [email protected], J.P. Morgan Securities LLC at: 383 Madison Avenue, New York, NY 10179, Attn: Investment Grade Syndicate Desk-3rd Floor or by calling collect at (212) 834-4533, Wells Fargo Securities, LLC at: 608 2nd Avenue South, Suite 1000, Minneapolis, MN 55402, Attn: WFS Customer Service, Email: [email protected], Toll-Free: 1-800-645-3751, BofA Securities, Inc. at: 200 North College Street, 3rd Floor, Charlotte, NC 28255, Attn: Prospectus Department, Email: [email protected], Toll-Free: 1-800-294-1322, MUFG Securities Americas Inc. at: 1221 Avenue of the Americas, 6th Floor, New York, NY 10020, Attn: Capital Markets Group, Phone: 877-649-6848, or SunTrust Robinson Humphrey, ...