Form 8-K · Current Report · Filed 2025-06-11
Air Products and Chemicals, Inc. Announces Issuance of New Senior Notes
On June 9, 2025, Air Products and Chemicals, Inc.
- Filer
- Air Products and Chemicals Inc. APD · NYSE
- Filed
- Accession
- 0001193125-25-139014
- CIK
- 0000002969
- Signal
- High impactBasic Materials
- Source
- Official filing on sec.gov ↗
Details
announced the issuance of $600 million aggregate principal amount of 4.300% Senior Notes due 2028 and $500 million aggregate principal amount of 4.900% Senior Notes due 2032. The issuance of these U.S. Notes closed on June 11, 2025. Additionally, the company announced the issuance of €500 million aggregate principal amount of 3.250% Notes due 2032, expected to close on or about June 16, 2025. The company received net proceeds of approximately $1.093 billion from the sale of the U.S. Notes and expects to receive approximately €495 million from the sale of the Eurobonds. These proceeds will be used for general corporate purposes and to repay a portion of outstanding commercial paper obligations.
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$281.88
Next session
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Since filing
+4.6%
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$294.89
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Exhibits (6)
About Air Products and Chemicals Inc.
Air Products and Chemicals Inc. is a prominent player in the industrial gases sector, providing essential products that serve a myriad of industries worldwide. This global entity specializes in offering atmospheric gases, process, and specialty gases, equipment, and related services to a diverse range of clients, including those in energy, transportation, and technology sectors. Notably, Air Products is a leader in supplying hydrogen and helium solutions, which are critical for refining, aerospace, and electronics manufacturing. The company's liquid hydrogen production plays a significant role in advancing clean energy solutions, such as hydrogen fuel cells for vehicles. Founded in 1940 and headquartered in Allentown, Pennsylvania, Air Products maintains a significant presence in over 50 countries. Its commitment to sustainability and innovation makes it a vital contributor to the global shift towards greener industrial processes and cleaner energy solutions. By maintaining a robust infrastructure of production and distribution, Air Products ensures the secure and efficient delivery of vital industrial gases, underscoring its critical role in numerous sectors that depend on reliable and sustainable supply chains.
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