On April 10, 2023, Jabil Inc.announced the pricing of its $300 million aggregate principal amount offering of 5.450% Senior Notes due 2029 the Offering. Jabil anticipates that the Offering will be completed on April 13, 2023, subject to customary closing conditions.
Jabil intends to use the net proceeds from the Offering for general corporate purposes, including the repayment of $300 million aggregate principal amount 4.900% Senior Notes due 2023 at or before maturity with available cash.
Jabil is a manufacturer of manufacturing solutions with over 250,000 employees spread across 100 locations in 30 countries. Jabil’s unrivaled breadth and depth of end-market experience, technical and design capabilities, manufacturing know-how, supply chain insights, and global product management expertise are relied upon by the world’s leading brands. Jabil and its employees are dedicated to making a positive difference in their community and the environment.
Jabil has filed with the Securities and Exchange Commission a registration statement including a prospectus and a prospectus supplement relating to the Offering. This release does not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall they be sold in any state or jurisdiction where such an offer, solicitation, or sale would be illegal prior to registration or qualification under the securities laws of any such jurisdiction.
