8-KThe WireRoutine
Company Update
Filed May 7, 2025 · 1y ago · Accession 0001104659-25-045241
Plain English
Material event — a significant development the company must disclose promptly.
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Filing text
View original ↗UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): May 6, 2025
CUMMINS INC.
(Exact name of registrant as specified in its charter)
Indiana
1-4949
35-0257090
(State or other jurisdiction of
incorporation)
(Commission File Number)
(IRS Employer
Identification No.)
500 Jackson Street
P. O. Box 3005
Columbus , Indiana 47202-3005
(Address of principal executive
offices) (Zip Code)
Registrant's telephone number, including area
code: ( 812 ) 377-5000
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Sections 12(b) of the Act:
Title of each class
Trading symbol(s)
Name of each exchange on which registered
Common stock, $2.50 par value
CMI
New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities
Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging Growth Company
¨
If an emerging growth company, indicate
by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial
accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 8.01 Other Events .
On
May 6, 2025, Cummins Inc. (the “Company”) entered into an Underwriting Agreement (the “Underwriting Agreement”)
with BofA Securities, Inc., Citigroup Global Markets Inc., HSBC Securities (USA) Inc., ING Financial Markets LLC and J.P. Morgan
Securities LLC , as representatives of the several underwriters listed therein (the “Underwriters”),
pursuant to which the Company agreed to sell, and the Underwriters agreed to purchase, subject to the terms and conditions set forth therein,
$300,000,000 aggregate principal amount of the Company’s 4.250% Senior Notes due 2028, $700,000,000 aggregate principal amount of
the Company’s 4.700% Senior Notes due 2031 and $1,000,000,000 aggregate principal amount of the Company’s 5.300% Senior Notes
due 2035 (collectively, the “Notes”), in a public offering (the “Offering”). The Offering is expected to close
on May 9, 2025.
The Notes
are registered under the Securities Act of 1933, as amended, pursuant to a Registration Statement on Form S-3 (Registration No. 333-284903)
that the Company filed with the Securities and Exchange Commission (the “SEC”) on February 13, 2025.
The Underwriting
Agreement includes customary representations, warranties, covenants and closing conditions. It also provides for customary indemnification
by the Company and the Underwriters against certain liabilities and customary contribution provisions in respect of those liabilities.
The Company
is filing the Underwriting Agreement as part of this Current Report on Form 8-K for purposes of such Registration Statement. The
description of the Underwriting Agreement set forth above is qualified by reference to the Underwriting Agreement filed as Exhibit 1.1
to this Current Report on Form 8-K and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits .
(d) Exhibits.
The exhibits below are filed herewith:
EXHIBIT INDEX
Exhibit No.
Description
(1.1)
Underwriting Agreement, dated May 6, 2025, by and among the Company and BofA Securities, Inc., Citigroup Global Markets Inc., HSBC Securities (USA) Inc., ING Financial Markets LLC and J.P. Morgan Securities LLC , as representatives of the several underwriters listed therein.
(104)
Cover Page Interactive Data File (the Cover Page Interactive Data File is embedded within the Inline XBRL document).
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: May 7, 2025
CUMMINS INC.
/s/ Donald G. Jackson
Donald G. Jackson
Vice President, Treasury and Tax
Filing details
- Company
- CUMMINS INC
- Ticker
- CMI
- CIK
- 26172
- Form type
- 8-K
- Filing date
- May 7, 2025
- Report date
- May 6, 2025
- Document
- tm2513958d5_8k.htm
- Size
- 471 KB