---
schema_version: "secwatch.filing_event.v1"
accession: "0000010456-25-000025"
form_type: "8-K"
ticker: "BAX"
cik: "0000010456"
company_name: "BAXTER INTERNATIONAL INC"
filed_at: "2025-12-22T23:59:59+00:00"
generated_at: "2026-05-16T12:23:05.771982+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Baxter settles tender offers for up to $600M of 2027 notes and all 2026 notes, purchasing ~$1.04B aggregate

## Summary
- Early settlement Dec 8: $420.6M of 2.600% 2026 notes and $614.4M of 1.915% 2027 notes purchased.
- Late tender for 2026 notes: additional $2.6M accepted at $960.50 per $1,000 plus accrued interest on Dec 22.
- 2027 notes tender was fully subscribed by early tender date; no additional accepted after.
- Tender offers expired Dec 18, 2025; total purchases reduce outstanding principal by over $1.04B.

## SEC filing metadata
- accession: 0000010456-25-000025
- form_type: 8-K
- ticker: BAX
- cik: 0000010456
- company_name: BAXTER INTERNATIONAL INC
- filed_at: 2025-12-22T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/10456/000001045625000025/0000010456-25-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/10456/000001045625000025/bax-20251222.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000010456-25-000025
- JSON: https://secwatch.observer/filing/0000010456-25-000025.json
- Plain text: https://secwatch.observer/filing/0000010456-25-000025.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.