secwatch.observer — SEC 8-K summary
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Issuer:     BAXTER INTERNATIONAL INC (BAX)
CIK:        0000010456
Form:       8-K
Filed at:   2025-12-22T23:59:59+00:00
Accession:  0000010456-25-000025
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/10456/000001045625000025/0000010456-25-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/10456/000001045625000025/bax-20251222.htm
  HTML page:      https://secwatch.observer/filing/0000010456-25-000025

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