HP Inc. Announces Pricing of Senior Notes

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PALO ALTO, Calif., April 14, 2025 (GLOBE NEWSWIRE) -- HP Inc.(NYSE:HPQ) today announced the pricing of its underwritten public offering of $1 billion aggregate principal amount of senior unsecured notes, consisting of $500 million aggregate principal amount of its 5.400% notes due 2030 (the "2030 notes") at a public offering price of 99.732% of the principal amount, and $500 million aggregate principal amount of its 6.100% notes due 2035 at a public offering price of 99.778% of the principal amount (the "2035 notes" and together with the 2030 notes, the "Notes").

HP intends to use the net proceeds from the offering for general corporate purposes, which may include, without limitation, repayment and refinancing of debt (including the repayment of HP's 2.200% notes due June 2025 at maturity).

The Notes are being offered pursuant to an effective shelf registration statement (including a prospectus) on Form S-3 previously filed with the Securities and Exchange Commission (the "SEC").

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Author / Journalist: Globe Newswire

Category: InvestingBusiness

Markets: United States

Topics: IPOs Press Releases HPQ News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-14 @ 22:15:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 828 words

Reading Time: 5 minutes read

Sentences: 28 lines

Sentence Length: 30 words per sentence (average)

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Copyright Owner: © Benzinga

News ID: 27887088

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