Simpson Thacher recently represented Keysight Technologies, Inc. (“Keysight”) in connection with the offering of $600 million aggregate principal amount of 4.950% Notes due 2034 (the “Notes”). The Notes are being offered pursuant to an effective shelf registration statement that Keysight previously filed with the Securities and Exchange Commission.
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.
Keysight is a global innovator in the computing, communications and electronics market, committed to advancing its customers’ business success by helping them solve critical challenges in the development and commercialization of their products and services. Keysight’s mission, “accelerating innovation to connect and secure the world,” speaks to the value they provide their customers in a world of ever-increasing technological complexity. Keysight delivers this value through a broad range of design and test solutions that address the critical challenges its customers face in bringing their innovations to market faster.
The Simpson Thacher team included William Brentani, Daniel Webb, Jonathan Kachiu, Sarika Pandrangi, William Lyoo, Madison Santoli and Jason Anterasian (Capital Markets); Jonathan Cantor and Sean Largey (Tax); Toby Chun (Environmental); and Ron Ben-Yehuda and Chandler Gerard-Reimer (Intellectual Property).