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Keysight Technologies (KEYS) Prices $600M Notes Offering

October 2, 2024 4:06 PM EDT

Keysight Technologies, Inc. (NYSE: KEYS) today announced the pricing of an underwritten, registered public offering of its senior unsecured fixed rate notes in an aggregate principal amount of $600,000,000 (the “Offering”). The notes will mature in 2034 and will bear interest at an annual rate of 4.950 percent. The offering is expected to close on October 9, 2024, subject to customary closing conditions.

Keysight intends to use the net proceeds from the Offering for general corporate purposes, including to repay its outstanding $600 million of 4.55% senior notes due October 30, 2024.

BNP Paribas Securities Corp., Citigroup Global Markets Inc. and BofA Securities, Inc. are the joint lead book-running managers for the Offering. Barclays Capital Inc. and J.P. Morgan Securities LLC are also book-running managers for the Offering.

The Offering is being made pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission (“SEC”) and will be made only by means of a prospectus supplement relating to such Offering and the accompanying base shelf prospectus, copies of which may be obtained by contacting: BNP Paribas Securities Corp., 787 Seventh Avenue, 3rd Floor, New York, NY 10019, telephone: (800) 854-5674 or by emailing [email protected]; Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, telephone: (800) 831-9146 or by emailing [email protected]; BofA Securities, Inc., Prospectus Department, NC1-022-02-25, 201 North Tryon Street, Charlotte, NC 28255-0001, telephone: (800) 294-1322 or by emailing [email protected]; Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, telephone: (888) 603-5847 or by emailing [email protected]; or J.P. Morgan Securities LLC, High Grade Syndicate Desk, 383 Madison Avenue, 3rd Floor, New York, NY 10179, telephone: (212) 834-4533 or by emailing [email protected]. These documents have been filed with the SEC and are available at the SEC’s website at www.sec.gov.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy any of the securities, nor shall there be any sale of these securities, in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.



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