Examples of 2055 Notes in a sentence
Rate Notes Fixed Rate Period Interest Payment Dates: During each of the 2028 Notes Fixed Rate Period, the 2030 Notes Fixed Rate Period and the 2055 Notes Fixed Rate Period, interest will be payable on the applicable series of notes semi-annually in arrear on March 12 and September 12 in each year, commencing on September 12, 2024.
All percentages resulting from any calculation in connection with any interest rate on the 2028 Notes, the 2030 Notes, the 2055 Notes or the Floating Rate Notes shall be rounded, if necessary, to the nearest one hundred thousandth of a percentage point, with five one-millionths of a percentage point rounded upward (for example, 9.876545% (or 0.09876545) would be rounded to 9.87655% (or 0.0987655)), and all U.S. dollar amounts would be rounded to the nearest cent, with one-half cent being rounded upward.
During the 2055 Notes Floating Rate Period, interest on the 2055 notes will be payable quarterly in arrear on June 12, 2054, September 12, 2054, December 12, 2054 and the 2055 Notes Maturity Date.
From (and including) the Issue Date to (but excluding) the 2055 Notes Par Redemption Date (as defined in the Preliminary Prospectus Supplement) (the “2055 Notes Fixed Rate Period” and, together with the 2055 Notes Fixed Rate Period and the 2055 Notes Fixed Rate Period, each a “Fixed Rate Period”), the 2055 notes will bear interest at a rate of 6.036% per annum.
For purposes of the 2055 Notes Make-Whole Redemption, the 2055 Notes Discount Factor is 30 bps.
The 2055 Notes Floating Interest Rate will be calculated quarterly on each Interest Determination Date.