Filed Pursuant to Rule 424(b)(5)
Registration No. 333-281896
The information in this preliminary prospectus supplement is not
complete and may be changed. We are not using this preliminary prospectus supplement and accompanying prospectus to offer to sell these securities or to solicit offers to buy these securities in any jurisdiction where the offer or sale is not
permitted.
SUBJECT TO COMPLETION,
DATED SEPTEMBER 4, 2024
Preliminary Prospectus Supplement
(To Prospectus Dated September 3, 2024)
$
% Senior Notes due 20
% Senior Notes due 20
Agilent
Technologies, Inc. is offering $ aggregate principal amount of its % Senior Notes due , 20 and $ aggregate principal amount of
its % Senior Notes due , 20 . We refer to the % Senior Notes due 20 as the 20 notes, to the % Senior Notes due 20 as the
20 notes, and to the 20 notes and the 20 notes collectively as the notes. The 20 notes will bear interest at a rate of % per annum and will mature on ,
20 . The 20 notes will bear interest at a rate of % per annum and will mature on , 20 .
Interest on each series of notes will accrue from , 2024 and is payable semi-annually in arrears
on and of each year, commencing , 2025.
Agilent
Technologies, Inc. may redeem either series of notes in whole or in part at any time prior to their maturity at the applicable redemption price described in this prospectus supplement under Description of NotesOptional
Redemption. In addition, in the event that (i) the BioVectra Acquisition (as defined herein) is not consummated on or prior to the later of (1) July 21, 2025 and (2) the date that is five business days after any later date
to which the parties to the Purchase Agreement may agree to extend the End Date in the Purchase Agreement (as defined herein) (the Special Mandatory Redemption End Date) or (ii) we notify the trustee in writing under the
indenture governing the 20 notes that we will not pursue consummation of the BioVectra Acquisition (any such event, a Special Mandatory Redemption Event), we will be required to redeem all of the 20 notes (the Special
Mandatory Redemption) at a redemption price equal to 101% of the aggregate principal amount of such notes, plus accrued and unpaid interest, if any, to, but not including, the Special Mandatory Redemption Date (as defined herein) (subject to
the right of holders of record on the relevant record date to receive interest due on the relevant interest payment date) (the Special Mandatory Redemption Price). See Description of NotesSpecial Mandatory Redemption.
The 20 notes will not be subject to any such mandatory redemption provisions, and, accordingly, whether such notes remain outstanding or not will not be impacted by the BioVectra Acquisition. The completion of this offering is not contingent
on the consummation of the BioVectra Acquisition, which, if completed, will occur subsequent to the closing of this offering.
Upon the
occurrence of a change of control repurchase event with respect to a series of notes, Agilent Technologies, Inc. will be required to make an offer to repurchase such notes at a price equal to 101% of their principal amount plus
accrued and unpaid interest to, but not including, the date of repurchase.
The notes will be senior unsecured obligations of Agilent
Technologies, Inc. and will rank equally with all of its other senior unsecured indebtedness from time to time outstanding. The notes will not be guaranteed by any of our subsidiaries. The notes are being offered globally for sale in
jurisdictions where it is lawful to make such offers and sales. The notes will be issued in minimum denominations of $2,000 and integral multiples of $1,000 in excess thereof.
See Risk Factors beginning on page S-9 for a
discussion of certain risks that you should consider in connection with an investment in the notes.
Neither the Securities and
Exchange Commission nor any state securities commission has approved or disapproved of the notes or determined that this prospectus supplement or the accompanying prospectus is accurate or complete. Any representation to the contrary is a criminal
offense.
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Price to public(1) |
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Underwriting discount |
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Proceeds, before expenses, to us(1) |
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Per 20 Note |
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% |
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% |
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% |
20 Notes Total |
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$ |
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$ |
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$ |
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Per 20 Note |
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% |
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% |
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% |
20 Notes Total |
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$ |
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$ |
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$ |
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Total |
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$ |
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$ |
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$ |
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(1) |
Plus accrued interest, if any, from , 2024, if settlement occurs after that date.
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The notes will not be listed on any securities exchange or quoted on any automated dealer quotation system. Currently,
there are no public markets for the notes.
We expect that delivery of the notes will be made to investors in registered book-entry form
only through the facilities of The Depository Trust Company (DTC) for the accounts of its participants, including Clearstream Banking S.A. (Clearstream), and Euroclear Bank, S.A./N.V., as operator of the Euroclear System
(Euroclear), on or about , 2024, which is the business day following the date of this prospectus supplement. See Underwriting (Conflicts of Interest).
Joint Book-Running Managers
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BofA Securities |
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J.P. Morgan |
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Mizuho |
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Wells Fargo Securities |
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BNP PARIBAS |
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SOCIETE GENERALE |
The date of this prospectus supplement is , 2024.