Latham & Watkins Advises on Cummins Inc.’s US$2.25 Billion Offering of Senior Notes

Cummins Inc., a global power leader, has offered US$500 million aggregate principal amount of the Company’s 4.900% Senior Notes due 2029, US$750 million aggregate principal amount of the Company’s 5.150% Senior Notes due 2034 and US$1 billion aggregate principal amount of the Company’s 5.450% Senior Notes due 2054, in a public offering. The offering is expected to close on February 20, 2024.

Latham & Watkins LLP represents the underwriters in the offering with a capital markets team led by New York/Los Angeles partner Greg Rodgers and New York partner Benjamin Cohen, with associates Sandy Kugbei and Jie Lin Nai. Advice was also provided on tax matters by New York partner Jiyeon Lee-Lim, with associate Eni Kassim.