Technology

Molex Announces Pricing of Tender Offer for 3.900% Senior Notes due 2025

Published

2 years ago

March 6, 2024

LISLE, Ill., March 6, 2024 /PRNewswire/ — Molex Electronic Technologies, LLC (“Molex” or the “Issuer”) announced today that it has priced the previously announced cash tender offer for any and all of the Issuer’s 3.900% Senior Notes due 2025 (Rule 144A CUSIP No.: 60856BAC8; Regulation S CUSIP No.: U60791AB3) (the “Notes”), on the terms and subject to the conditions set forth in the Offer to Purchase, dated February 29, 2024 (as it may be amended or supplemented from time to time, the “Offer to Purchase”) and the related Notice of Guaranteed Delivery attached to the Offer to Purchase (the “Notice of Guaranteed Delivery”). The tender offer is referred to herein as the “Offer.” The Offer to Purchase and the Notice of Guaranteed Delivery are referred to herein, collectively, as the “Offer Documents.”

Certain information regarding the Notes and the pricing for the Offer is set forth in the table below.

Title of
Security

CUSIP
Numbers

Principal
Amount
Outstanding

U.S.
Treasury
Reference
Security

Bloomberg
Reference
Page

Reference
Yield

Fixed Spread

Tender Offer
Consideration (1),(2)

3.900%
Senior Notes
due 2025

Rule 144A:
60856BAC8

Regulation S:
U60791AB3

$500,000,000

4.625% U.S.
Treasury due
February 28,
2026

FIT1

4.537 %

+145 bps

$977.94

(1)

Per $1,000 principal amount.

(2)

The Tender Offer Consideration is calculated on the basis of pricing for the U.S. Treasury Reference Security as of 2:00 p.m., New York City time, on March 6, 2024.

Holders must validly tender (and not validly withdraw) or deliver a properly completed and duly executed Notice of Guaranteed Delivery for their Notes at or before the Expiration Time (as defined below) in order to be eligible to receive the Tender Offer Consideration (as defined below). In addition, holders whose Notes are purchased in the Offer will receive accrued and unpaid interest from the last interest payment date to, but not including, the Settlement Date (as defined in the Offer to Purchase) for the Notes. The Issuer expects the Settlement Date to occur on March 7, 2024. Notes tendered by Notice of Guaranteed Delivery and accepted for purchase will be purchased on the third business day after the Expiration Time, but payment of accrued interest on such Notes will only be made to, but not including, the Settlement Date.

The Offer will expire today at 5:00 p.m., New York City time, unless extended or earlier terminated as described in the Offer Documents (such time and date, as it may be extended, the “Expiration Time”). Holders must validly tender their Notes, by following the procedures described in the Offer to Purchase, at or prior to the Expiration Time and not validly withdraw their Notes to be eligible to receive the Tender Offer Consideration and accrued and unpaid interest, if any, as described above and in the Offer Documents.

The Issuer’s obligation to accept for purchase and to pay for Notes validly tendered and not validly withdrawn pursuant to the Offer is subject to the satisfaction or waiver, in the Issuer’s discretion, of certain conditions, which are more fully described in the Offer to Purchase. The complete terms and conditions of the Offer are set forth in the Offer Documents. Holders of the Notes are urged to read the Offer Documents carefully.

The “Tender Offer Consideration” listed in the table above for each $1,000 principal amount of Notes validly tendered and not validly withdrawn and accepted for purchase pursuant to the Offer was determined in the manner described in the Offer Documents by reference to the fixed spread for the Notes plus the yield to maturity on the U.S. Treasury Reference Security specified in the table above based on the bid-side price of the U.S. Treasury Reference Security as quoted on the Bloomberg reference page specified in the table above at 2:00 p.m., New York City time, on March 6, 2024, unless extended. None of the Issuer, the dealer managers, the information agent, the tender agent, the trustee for the Notes, or any of their respective affiliates, makes any recommendation as to whether holders should tender Notes in response to the Offer. Each holder must make his, her or its own decision as to whether to tender Notes and, if so, as to what principal amount of Notes to tender.

The Issuer has retained D.F. King & Co., Inc. (“D.F. King”) as the tender agent and information agent for the Offer. The Issuer has retained SMBC Nikko Securities America, Inc. (“SMBC Nikko”) and Wells Fargo Securities, LLC (“Wells Fargo Securities”) as the dealer managers for the Offer.

Holders who would like additional copies of the Offer Documents may call or email the information agent, D.F. King, at (800) 290-6432 or molex@dfking.com. Copies of the Offer to Purchase and the Notice of Guaranteed Delivery are also available at the following website: www.dfking.com/molex. Questions regarding the terms of the Offer should be directed to SMBC Nikko at (888) 284-9760 (toll-free) or via the email address liabilitymanagement@smbcnikko-si.com or Wells Fargo Securities at (704) 410-4759 (collect) or (866) 309-6316 (toll-free) or via the email address liabilitymanagement@wellsfargo.com.

This press release shall not constitute an offer to buy or a solicitation of an offer to sell any Notes. The Offer is being made solely pursuant to the Offer Documents. The Offer is not being made to holders of Notes in any jurisdiction in which the making or acceptance thereof would be unlawful under the securities laws of any such state or jurisdiction. In any state or jurisdiction in which the securities laws require the Offer to be made by a licensed broker or dealer, the Offer will be deemed to be made on behalf of the Issuer by SMBC Nikko Securities America, Inc., Wells Fargo Securities, LLC or one or more registered brokers or dealers that are licensed under the laws of such state or jurisdiction.

About Molex

Molex is a global electronics leader committed to making the world a better, more connected place. With a presence in more than 40 countries, Molex enables transformative technology innovation in the automotive, healthcare, 5G, cloud and consumer device industries. Through trusted customer and industry relationships, unrivaled engineering expertise, and product quality and reliability, Molex realizes the infinite potential of Creating Connections for Life.

Forward-Looking Information

This press release may contain “forward-looking” statements within the meaning of the federal securities laws of the United States that are based on Molex’s current expectations, estimates and projections about future events and financial trends affecting Molex. Forward-looking statements can be identified by the use of words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “forecast,” “may,” “plan,” “should,” “will” or similar expressions. Forward-looking statements are inherently subject to risks and uncertainties, many of which Molex cannot predict with accuracy and some of which Molex might not even anticipate. Although Molex believes that the expectations, estimates and projections reflected in such forward-looking statements are based on reasonable assumptions at the time made, Molex can give no assurance that these expectations, estimates and projections will be achieved. Future events and actual results may differ materially from those discussed in the forward-looking statements and Molex undertakes no obligation to update or supplement any forward-looking statements.

The areas of risk that may affect these expectations, estimates and projections include, but are not limited to: the consummation of the Offer; prolonged economic downturn or economic uncertainty; loss of market share by customers or the significant reduction in revenue from large volume customers; pressure to reduce selling prices; volatility in prices of commodity materials; intense market competition; dependency on new products; challenges in manufacturing; industry consolidation; dependency on key employees and competition in hiring and retaining qualified employees; changes in other significant operating expenses; reliance on intellectual property rights; breach of information technology systems; decline in the market value of Molex’s pension plans’ investment portfolios; exposure to income tax rate fluctuations and additional tax liabilities; volatility of foreign currency exchange rates; adverse outcomes in litigation proceedings; and breach of covenants in the indentures governing Molex’s senior notes.

View original content:https://www.prnewswire.com/news-releases/molex-announces-pricing-of-tender-offer-for-3-900-senior-notes-due-2025–302082038.html

SOURCE Molex Electronic Technologies, LLC

Technology

HashKey Cloud Partners with EAG to Support the Ethereum Application Ecosystem through ETH Staking

Published

4 minutes ago

April 20, 2026

HONG KONG, April 20, 2026 /PRNewswire/ — HashKey Cloud, the digital asset infrastructure service platform under HashKey Group, announced a partnership with the Ethereum Applications Guild (EAG) during the Hong Kong Web3 Festival. The collaboration introduces an ETH Staking support solution for the EAG community.

The initiative aims to provide EAG community members and the broader community of Ethereum builders with transparent and verifiable staking infrastructure. While ensuring users maintain full autonomous control over their assets, the solution uses a specific contribution program to direct a portion of staking rewards toward supporting the growth of EAG and the native Ethereum application ecosystem.

This partnership represents an extension of HashKey’s long-term commitment to the Ethereum ecosystem and provides a new pathway for supporting the development of the application layer.

Reinvesting ETH Staking Rewards into the Ecosystem to Build Long-term Support Mechanisms

EAG is a global non-profit collaborative organization dedicated to driving innovation, adoption, and real-world impact for Ethereum-native applications. By connecting developers, institutions, and various participants, EAG explores and builds open, transparent, and sustainable collaboration mechanisms for the application layer.

The concept of EAG originated from three years of continuous practice by ShanHaiWoo centered around AI, the Ethereum ecosystem, and public goods. The core mission is to establish a sustainable support mechanism for the growth and real-world implementation of native applications. This partnership leverages ETH Staking infrastructure to allow participants to support network operations while simultaneously contributing to ecosystem building.

Launching the EAG Contribution Pool to Meet Staking Needs

According to the cooperation plan, HashKey Cloud will provide the underlying technical architecture and a dedicated frontend interface for the EAG Contribution Pool (DAPP). This DAPP will serve as the interaction interface embedded within the EAG official website or other partner wallets and platforms, making it easy for users to participate directly in ETH Staking.

Node Model: Supports the 0x02 withdrawal credential node model.Capacity: Minimum 32 ETH per node, supporting up to 2048 ETH.Asset Control: Users maintain constant control over their assets. HashKey Cloud does not touch, control, or withhold user funds. It only provides node operation and technical support.Reward Mechanism: When a node has not reached the 2048 ETH limit, rewards are not withdrawn. Once it exceeds 2048 ETH, rewards flow into the user’s exclusive Withdrawal Vault. Users can manually claim rewards or use the Claim & Contribute mechanism to automatically distribute rewards based on preset parameters.

Connecting Infrastructure to the Application Ecosystem

This partnership aims to bridge infrastructure capabilities with community needs. It provides professional, verifiable ETH Staking services while shifting ecosystem support from one-time donations or short-term grants toward more sustainable, ongoing contribution mechanisms.

Moving forward, both sides will continue to collaborate on Ethereum application layer construction, encouraging more developers, communities, and institutions to participate in the long-term development of native applications.

About HashKey Cloud
HashKey Cloud is an institutional-grade staking infrastructure under HashKey (3887.HK). It focuses on providing secure, auditable multi-chain staking services for global institutions, asset managers, and professional investors. Its services include ETF/DAT Staking, Prime Staking, VIP Staking, API Staking, and Prime Yield, helping clients efficiently manage on-chain assets and returns.

About Ethereum Applications Guild (EAG)
The Ethereum Applications Guild (EAG) is a global non-profit organization dedicated to accelerating Ethereum-native applications with real-world impact. EAG connects developers and institutions to build transparent collaboration mechanisms. Through application acceleration, open co-creation, ecosystem partnerships, sustainable funding, and global events, EAG connects builders, institutions, and ecosystem stakeholders to foster the sustainable growth and broader reach of the Ethereum applications ecosystem.

View original content:https://www.prnewswire.co.uk/news-releases/hashkey-cloud-partners-with-eag-to-support-the-ethereum-application-ecosystem-through-eth-staking-302747026.html

Technology

Step inside Efficient, Healthy, Sustainable Buildings at the 2026 Passive House Network Conference

Published

4 minutes ago

April 20, 2026

Hotel Marcel will host building science experts from around the world on June 4th & 5th in an event that showcases why Passive House is the building-performance gold standard.

NEW HAVEN, Conn., April 20, 2026 /PRNewswire-PRWeb/ — The 2026 Passive House Network Conference, held on June 4th & 5th in New Haven, CT, invites Passive House architects, designers, developers, and other building enthusiasts from around the world to exchange ideas, share experience, and accelerate the adoption of the world’s most rigorous building efficiency standard. Hosted by The Passive House Network (PHN), the conference highlights the Passive House standard as a solution to the variety of housing, climate, and cost challenges facing the building industry today.

“We’re inviting everyone to profit by experience, because there is nothing more valuable than shared experience,” said Ken Levenson, Executive Director of PHN. “Practitioners around the world are finding that Passive House is the way forward for comfortable, sustainable, and resilient buildings.”

The event will take place at Hotel Marcel, the first Passive House Certified Hotel in the country–an ideal building to act as both host and exemplar for this event. Opened in 2022, the all-electric building features EV charging stations, a solar-paneled parking lot, and a gas-free kitchen. The brutalist masterpiece was originally completed in 1970 as a corporate headquarters by Marcel Breuer before its renovation to the Passive House EnerPHit standard and rebirth as an award-winning hotel. Experts involved in the renovation will attend the conference and present on the process, including Bruce Becker, the architect, developer, and owner of the building.

“It seemed to me that this was a perfect opportunity to build a hotel that really was part of the solution to the climate crisis,” Becker said. “I’m happy to take what I’ve learned and share it with architects and developers who have the same goals, and the 2026 PHN Conference is the perfect place to do that.”

Other highlights of the conference program include a showcase of Passive House buildings from around the world, including Senior Housing in Spain, Social Housing in Ireland, and a New York University student residence retrofit. The conference will showcase developments in building materials, like adobe and mass timber, and highlight how Passive House makes financial sense by increasing value and providing climate resilience.

Over 30 expert speakers will share their perspectives during the two-day event. Registration is now open, and a full program is available to view on the Conference Webpage.

For more information on The Passive House Network, visit https://passivehousenetwork.org/ or email kim@passivehousenetwork.org.

Media Contact

Kim Ravold, The Passive House Network, 1 6094101308, kim@passivehousenetwork.org, https://passivehousenetwork.org/

View original content:https://www.prweb.com/releases/step-inside-efficient-healthy-sustainable-buildings-at-the-2026-passive-house-network-conference-302746459.html

SOURCE The Passive House Network

Technology

PEPSI MAX® RECRUITS GLOBAL STARS TO CREATE THE ‘PEPSI FOOTBALL NATION’: WHERE FANS DEFINE THE RULES

Published

4 minutes ago

April 20, 2026

Sir David Beckham, Mohamed Salah, Vini Jr., Lauren James, Alexia Putellas and Florian Wirtz star in Pepsi MAX’s latest brand film – along with a cameo appearance from chef Gordon Ramsay.The campaign is anchored in the rituals of football, from legendary chants to the shared passion of the global community.Pepsi MAX will launch a browser extension to ensure Rule #1 ‘It’s Football, Not Soccer’ is correct across the web and kicks off a fan-debate with Reddit.

LONDON, April 20, 2026 /PRNewswire/ — Ahead of a summer of sport, Pepsi MAX® has brought together football legends in a brand-new film to celebrate the traditions, rituals and shared passion of fans beyond the 90 minutes.

Following the launch of the Pepsi Football Nation platform, a multi-year global platform designed to bring football culture into everyday life for fans across the globe, the campaign film is inspired by the conversations that keep the spirit of the game alive.

The film opens with Sir David Beckham handing the playbook to the fans, inviting them to dictate the “rules” of the Pepsi Football Nation. Viewers are taken on a high-octane journey through a world where fan debate reigns: from local hangouts to unexpected matchups, Florian Wirtz speed parking with accuracy, to the disbelief of a referee who checks it on VAR, Lauren James teaching a university lecture on breaking the offside trap, and blockbuster movies starring Vini Jr., Alexia Putellas, and Mohamed Salah.

Fans throughout unveil the “rules” that are central to the Pepsi Football Nation, brought to life by the Pepsi global roster: Rule #7: Superstitions are Sacred, Rule #33: Who is the “King of Skill”? Rule #84: You Must Wear Your Winning Jersey to Work. Rule #100: Everything Gets Settled on the Pitch.

To celebrate the film, Pepsi MAX is supporting fans tackle Rule #1 of the Pepsi Football Nation: “It’s called Football, Not Soccer”. Fans will soon be able to download a free web extension that automatically replaces every mention of the word “soccer” with “football.” Whether reading global news or scrolling through searches, fans can ensure the “beautiful game” is always described in the best possible way.

Fan debate also lives in chats, fan pages and blogs. That’s why Pepsi MAX is bringing the debate to Reddit, the world’s fastest-growing hub for football discourse. This activation will allow fans to define their own rules and rituals, empowering the community to dictate how the game is celebrated worldwide.

Eugene Willemsen, Chief Executive Officer, International Beverages at PepsiCo, says: “Football has always gone beyond what happens on the pitch during the 90 minutes. It lives in conversations, rivalries, and traditions that bring fans together every day, across communities, markets, and generations. Pepsi Football Nation celebrates that culture and the many ways fans experience the game beyond the match itself. For decades, Pepsi MAX has been at the heart of the game; now, we’re honoring the shared experiences and ‘rules’ that unite fans worldwide.”

The Pepsi Football Nation celebrates the culture of football on and off the pitch. Fans worldwide can watch the full film on Pepsi MAX’s social channels, including: X (Twitter), Instagram, Facebook, TikTok, and YouTube.

Player Quotes

Mohamed Salah: “Fans are what makes the beautiful game great, so having a world where they write the rules just feels right. Love being part of the Pepsi Football Nation and celebrate football’s rituals.”

Vini Jr.: “For me, football is about joy and expression, so joining the Pepsi squad to celebrate the game’s culture and passion was easy. I regret not asking the fans sooner!”

Lauren James: “I’ve always had my own approach to big games, whether playing or watching. So to see all these football culture quirks come together in one campaign was great.”

Alexia Putellas: “There’s something special about football culture beyond the pitch. Rituals that are shared by players and fans. I jumped at the chance to help Pepsi bring those traditions centre stage.”

Florian Wirtz: “Football is so much more than a game. There’s passion, there’s debate, there’s traditions. So, it was fun to tell the rules that fans live by every day.”

Notes to Editors

Browser extension privacy

The web extension will work locally in your browser to replace the word “soccer” with “football” on the webpage you are currently viewing. It does not collect, store, or transmit any personal data. No browsing history, cookies, form inputs, or account information is accessed. The permission to “access data on all websites” is required solely so the extension can read the text on the page you are viewing and make the word replacement. No data leaves your device.

About PepsiCo

PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo generated nearly $94 billion in net revenue in 2025, driven by a complementary beverage and convenient foods portfolio that includes Lay’s, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, and SodaStream. PepsiCo’s product portfolio includes a wide range of enjoyable foods and drinks, including many iconic brands that generate more than $1 billion each in estimated annual retail sales.

Guiding PepsiCo is our vision to Be the Global Leader in Beverages and Convenient Foods by Winning with pep+ (PepsiCo Positive). pep+ is our strategic end-to-end transformation that places sustainability at the center of our business strategy, seeking to drive growth and build a stronger, more resilient future for PepsiCo and the communities where we operate. For more information, visit www.pepsico.com, and follow on X (Twitter), Instagram, Facebook, and LinkedIn @PepsiCo.

Credit List:

PEPSI IB

Head of Production: Kane Phillips

Senior Producer: Eleanor Fitzgerald

BIG TIME CREATIVE

Production Lead: Inas Nagy

FILM

SAUVAGE.TV

Director: Ernest Desumbila

Executive Producer: Eva Laffitte

Producer: Isidor Arjona

Post Producer: Yukio Montilla