HPQ 2.200% 17Jun2025 Corp (USD)

Bond Factsheet

Matured/ Called

HP Inc

Indicative

Full Lot

Bid Price

100.040

Change in Bid Price

Bid Yield (%)

Change in Bid Yield

Ask Price

100.042

Change in Ask Price

Ask Yield (%)

Change in Ask Yield

Indicative price as of 17 Jun 2025, 12:00am

chevron_leftchevron_right

Bond Information

HP Inc. provides computing, imaging and printing systems, mobile devices, solutions, and services for business and home. The Company offers products which includes laser and inkjet printers, scanners, copiers and faxes, personal computers, workstations, storage solutions, computing, and printing systems. HP sells its products worldwide.

Bond Issuer

HP Inc

Guarantor

Announcement Date

09 Jun 2020

Issue Date

17 Jun 2020

Maturity Date

17 Jun 2025

Years to Maturity / Next Call

- / -

Modified Duration

Issue / Reoffer Price

99.769

Issue / Reoffer Yield

2.249

Coupon Type

Fixed

Annual Coupon Rate

2.200

Coupon Frequency

Semi Annually

Seniority

Senior Unsecured

Reference Rate

ISIN

US40434LAA35

CUSIP

40434LAA3

Bond Currency

USD

Total Issue Size

1,150,000,000

Min. Investment Quantity (Nominal)

USD 2,000

Incremental Quantity (Nominal)

USD 1,000

Bond Type

Corporate

Bond Sector

Information Technology

Bond Sub Sector

Technology Hardware, Storage and Peripherals

Issuer Credit Rating (S&P/ Fitch)

***/ BBB+

Bond Credit Rating (S&P/ Fitch)

***/ BBB+

Shariah Compliant

Exchange Listed

Others

Bond Feature(s)

Issuer Call

On or after the applicable Par Call Date, each series of notes will be redeemable in whole at any time or in part from time to time, at our option, at a redemption price equal to 100%of the principal amount of the notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the date of redemption. We will calculate the redemption price.

“Par Call Date” means (i) with respect to the 2025 notes, May 17, 2025 (the date that is one month prior to the maturity date of the 2025 notes).

Make Whole Call

Prior to the applicable Par Call Date, each series of notes will be redeemable in whole atany time or in part from time to time, at our option, at a redemption price, as calculated byus, equal to the greater of:
•100% of the principal amount of the notes to be redeemed; and
•the sum of the present values of the remaining scheduled payments of principal andinterest thereon that would be due if the notes to be redeemed matured on theapplicable Par Call Date (exclusive of accrued and unpaid interest, if any, to, butexcluding, the date of redemption), discounted to the date of redemption on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at thethen current Treasury Rate plus 30 basis points (in the case of the 2025 notes),
plus, in each case, accrued and unpaid interest, if any, on the amount being redeemed to,but excluding, the date of redemption.

Make-whole redemption at Treasury Rate plus 30 basis points. On or after May 17, 2025 (one month prior to maturity), redemption at par.

Change Control Put

Repurchase at the Option of Holders upon Certain Changes of Control
If a Change of Control Repurchase Event with respect to a series of notes occurs, unless we have exercised our right to redeem the notes of such series as described above, we will make an offer to each holder of notes of such series to repurchase all or any part (equal to$2,000 or an integral multiple of $1,000 in excess thereof) of that holder’s notes of such series at a repurchase price in cash equal to 101% of the aggregate principal amount of notes repurchased plus any accrued and unpaid interest on the notes repurchased to the date of purchase.

“Change of Control” means the occurrence of any of the following:

(1) the direct or indirect sale, transfer, conveyance or other disposition (other than byway of merger or consolidation), in one or a series of related transactions, of all or substantially all of our assets and those of our subsidiaries, taken as a whole, to any “person” or “group” (as those terms are used for purposes of Section 13(d)(3) of the Exchange Act), other than us or one or more of our subsidiaries;

(2) the consummation of any transaction or series of related transactions (including, without limitation, any merger or consolidation) the result of which is that any “person” or “group” (as those terms are used for purposes of Section 13(d)(3) of the Exchange Act), other than us or one of our wholly owned subsidiaries, becomes the beneficial owner, directly or indirectly, of more than 50% of the then outstanding number of shares of our Voting Stock, measured by voting power rather than number of shares;

(3)we consolidate with, or merge with or into, any person, or any person consolidates with, or merges with or into, us, in any such event pursuant to a transaction in which any of our outstanding Voting Stock or the Voting Stock of such other person is converted into or exchanged for cash, securities or other property, other than any such transaction where the shares of our Voting Stock outstanding immediately prior to such transaction constitute, or are converted into or exchanged for, a majority of the Voting Stock of the surviving person or any direct or indirect parent company of the surviving person, measured by voting power rather than number of shares, immediately after giving effect to such transaction;

(4)the first day on which a majority of the members of our Board of Directors are not Continuing Directors; or

(5)the adoption by us of a plan providing for our liquidation or dissolution.

“Change of Control Repurchase Event” means the occurrence of both a Change ofControl and a Below Investment Grade Rating Event.

Bondsupermart strives to ensure the accuracy and relevance of the information provided here. If the information is not up-to-date or erroneous, we appreciate feedback to keep it accurate.