Item 8.01. Other Events.
On
In connection with the issuance of the Notes, on
PMI has filed with the
The Notes are subject to certain customary covenants, including limitations on PMI's ability, with significant exceptions, to incur debt secured by liens and engage in sale/leaseback transactions. PMI may redeem the Notes, in whole or in part, at the applicable redemption prices described in the Prospectus Supplement, plus accrued and unpaid interest thereon to, but excluding, the applicable redemption date. PMI may also redeem all, but not part, of the Notes of each series upon the occurrence of specified tax events as described in the Prospectus Supplement.
Interest on the 2023 Notes is payable from
The 2023 Notes will mature on
The Notes will be PMI's senior unsecured obligations and will rank equally in right of payment with all of its existing and future senior unsecured indebtedness.
For a complete description of the terms and conditions of the Underwriting Agreement, the Terms Agreement and the Notes, please refer to such agreements and the form of Notes, each of which is incorporated herein by reference and is an exhibit to this report as Exhibits 1.1, 1.2, 4.1, 4.2 and 4.3, respectively.
Certain of the Underwriters and their respective affiliates have, from time to time, performed, and may in the future perform, various financial advisory, commercial and investment banking services for PMI, for which they received or will receive customary fees and expenses. Certain of the Underwriters and their respective affiliates are lenders under PMI's credit facilities. PMI and some of its subsidiaries may enter into foreign exchange and other derivative arrangements with certain of the Underwriters or their respective affiliates. In addition, certain of the Underwriters or their respective affiliates act as dealers in connection with PMI's commercial paper programs.
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Item 9.01. Financial Statements and Exhibits.
(d) Exhibits. Exhibit Number Description 1.1 Underwriting Agreement, dated as ofApril 25, 2008 (incorporated by reference to Exhibit 1.1 of PMI's Registration Statement on Form S-3 (No. 333-150449)) 1.2 Terms Agreement, datedApril 29, 2020 , among PMI andBanca IMI S.p.A .,BBVA Securities Inc. ,Citigroup Global Markets Inc. ,Deutsche Bank Securities Inc. ,Goldman Sachs & Co. LLC ,Mizuho Securities USA LLC andSMBC Nikko Securities America, Inc. , as representatives of the several underwriters 4.1 Form of 1.125% Notes due 2023 4.2 Form of 1.500% Notes due 2025 4.3 Form of 2.100% Notes due 2030 5.1 Opinion ofHunton Andrews Kurth LLP 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document and contained in Exhibit 101) - 3 -
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