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Stock impact report

ABB announces the expiration and final results of the tender offer for 3.800% notes due 2028 and 4.375% notes due 2042

ABB Ltd (ABB) 
Last abb ltd earnings: 7/25 12:46 am Check Earnings Report
US:NYSE Investor Relations: new.abb.com/investorrelations
Company Research Source: PR Newswire
ZURICH, Nov. 2, 2020 /PRNewswire/ -- ABB Ltd (ABBN: SIX Swiss Ex) ("ABB") announced today that the cash tender offer by ABB Finance (USA) Inc. (the "Issuer") for any and all outstanding  3.800% Notes due 2028 (CUSIP No. 00037B AF9) and 4.375% Notes due 2042 (CUSIP No. 00037B AC6) (collectively, the "Notes") (the "Offer"), expired at 5:00 p.m., New York City time, October 30, 2020 (the "Expiration Time"). At the Expiration Time, valid tenders had been received in the amounts set forth in the table below.  Title of SecurityCUSIP / ISIN NumbersAggregate Principal Amount OutstandingAggregate Principal Amount Tendered(1)Aggregate Principal Amount Tendered using Guaranteed Delivery Procedures3.800% Notes due April 2028 00037B AF9 / US00037BAF94US $750,000,000US $366,827,000   US $1,076,0004.375% Notes due May 204200037B AC6 / US00037BAC63US $750,000,000 US $140,491,000US $250,000(1)Excluding principal amounts of Notes tendered using Guaranteed Delivery Procedures (as stipulated in the Issue Show less Read more
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