The transaction is sourced from SEC filings published on the SEC EDGAR system on August 4, 2026 and August 6, 2026. The specific SEC form type has not been identified. The current status of the transaction is pending regulatory approval.
A substantial syndicate of financial advisors has been assembled to manage the offering, all serving in the capacity of joint book-running managers on behalf of the issuer. The lead book-running managers include Morgan Stanley, BofA Securities, J.P. Morgan, and Societe Generale, who are described as managing all notes issued in this offering. Additional joint book-running managers with specific tranche assignments include Deutsche Bank Securities managing the 2036 notes, Wells Fargo Securities managing the 2056 notes, Mizuho managing the 2031 notes, HSBC managing the 2033 notes, BNP Paribas managing the 2030 notes, Barclays managing the floating rate notes and 2028 notes, and Citigroup managing the 2038 notes and 2066 notes. This structuring reflects a multi-tranche offering with different maturity profiles, with individual managers assigned lead responsibility for specific note tranches while the primary managers coordinate the overall syndication.
No legal advisors have been identified in the available source materials.
The transaction structure involves multiple note tranches with distinct maturity dates ranging from 2028 through 2066, suggesting a laddered debt maturity profile. Specific terms regarding interest rates, coupons, pricing, or other consideration mechanics have not been disclosed in the available documentation. The offering includes both fixed-rate and floating-rate note components, as evidenced by Barclays' assignment to manage floating rate notes alongside specific tenor tranches.
The expected closing date for this transaction has not been disclosed. The specific coupon rates, pricing spreads, and final terms for individual note tranches remain undisclosed. The aggregate $10 billion represents the total disclosed value but does not specify how much each individual tranche within the multi-tranche offering will comprise. No information regarding use of proceeds has been provided.