03:41 PM EDT, 05/09/2025 (MT Newswires) -- Cummins (CMI) said Friday it completed a public offering of $2 billion of senior notes.

The company said it completed the issue of $300 million of 4.250% senior notes due 2028, $700 million of 4.700% senior notes due 2031, and $1 billion of 2035 senior notes bearing an interest rate of 5.300%.

Cummins plans to use the net proceeds for general corporate purposes, which might include repaying or refinancing existing debts, according to a regulatory filing.

Price: 306.44, Change: +0.03, Percent Change: +0.01