08/11/2025 | Press release | Distributed by Public on 08/11/2025 14:55
Item 1.01 Entry into a Material Definitive Agreement.
On August 5, 2025, the registrant entered into an underwriting agreement ("Underwriting Agreement") with Wells Fargo Securities, LLC, Citigroup Global Markets Inc. and J.P. Morgan Securities LLC, as representatives of the several underwriters listed on Schedule II thereto, relating to the offer and sale of $500 million aggregate principal amount of the registrant's 5.200% notes due 2035 (the "Notes"). The Notes are being offered and sold pursuant to the registrant's effective shelf registration statement on Form S-3 (File No. 333-284882) and prospectus supplement, dated August 5, 2025. The sale of the Notes is expected to close on August 12, 2025, subject to customary closing conditions.
The foregoing description of the Underwriting Agreement is qualified in its entirety by reference to the complete terms and conditions of the Underwriting Agreement, which is attached hereto as Exhibit 1.1 and incorporated herein by reference.