Form 8-K · Current Report · Filed 2024-02-15
Cummins Inc. Announces Senior Notes Offering
On February 14, 2024, Cummins Inc. announced its entry into an Underwriting Agreement for the issuance of $500.0 million aggregate principal amount of 4.900% Senior Notes due 2029, $750.0 million aggregate principal amount of 5.150% Senior Notes due 2034, and $1.0 billion aggregate principal amount of 5.450% Senior Notes due 2054. The public offering is expected to close on February 20, 2024. The Underwriting Agreement is filed as part of this 8-K report and includes customary terms and conditions.
- Filer
- Cummins Inc. CMI · NYSE
- Filed
- Accession
- 0001104659-24-024274
- CIK
- 0000026172
- Signal
- Low impactIndustrials
- Source
- Official filing on sec.gov ↗
Items reported
Other Events
Financial Statements and Exhibits
Market reaction
Close before filing
$260.47
Next session
+2.3%
Since filing
+143.5%
Latest close
$634.20
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from CMI reporting the same item, with the next session's move:
Exhibits (1)
About Cummins Inc.
Cummins Inc. is a global leader in the design, manufacture, and distribution of diesel and natural gas engines, as well as an array of related technologies. Founded in 1919 and headquartered in Columbus, Indiana, the company provides engines and power generation systems that serve a wide range of industries including automotive, construction, agriculture, and marine sectors. Cummins Inc.'s products encompass engines, fuel systems, turbochargers, emissions solutions, and power systems, which play a pivotal role in driving efficiency and sustainability in multiple applications. The company is at the forefront of developing innovative solutions for reducing emissions and maximizing fuel efficiency, making it an essential player amid growing environmental regulations and the global push towards sustainable energy. With a significant presence in over 190 countries through a network of distributors and dealers, Cummins Inc. holds a prominent position in the global industrial and power generation markets, demonstrating resilience through diversified offerings and adaptive technology advancements.
Never miss another CMI filing
Profitelligence watches EDGAR around the clock and alerts you within seconds.