HP: HP Inc. Announces Pricing of Senior Notes

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 issuance of the Notes is expected to close on April 25, 2025, subject to customary closing conditions.BNP Paribas Securities Corp., BofA Securities, Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC and Wells Fargo Securities, LLC are acting as joint book-running managers for the offering.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"). A preliminary prospectus supplement relating to the offering has been filed with the SEC and is available on the SEC's website at www.sec.gov. Before you invest, you ...Full story available on Benzinga.com