ADP Announces Pricing of its Senior Notes Due 2032

Core Viewpoint - ADP has announced a public offering of $1.0 billion in senior notes with a 4.750$1.0 billion aggregate principal amount of senior notes due in 2032 [1]. - The expected net proceeds from the offering will be received around May 8, 2025 [2]. - The proceeds will primarily be used to refinance existing debt, with any remaining funds allocated for general corporate purposes [2]. Group 2: Regulatory and Legal Information - ADP has filed a registration statement with the SEC, which includes a prospectus and preliminary prospectus supplement for the offering [3]. - The press release clarifies that it does not constitute an offer to sell or solicit offers to buy the debt securities [4]. Group 3: Company Overview - ADP is a leading global technology company specializing in cloud-based human capital management solutions, focusing on HR, talent, time management, benefits, and payroll [5].