secwatch / observer
8-K filed September 14, 2023, 7:59 PM ET ticker ADBE CIK 0000796343
debt confidence medium sentiment neutral materiality 0.55

ADOBE INC. (ADBE): debt financing — Adobe establishes $3B commercial paper program; Q3 FY2023 earnings released

ADOBE INC.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

ADOBE INC. incurred debt of $3,000,000,000 maturing up to 397 days from the date of issue.

Principal
$3,000,000,000
Maturity
up to 397 days from the date of issue
Event
incurrence
Exact text from the filing
may be borrowed, repaid and re-borrowed from time to time, with the aggregate face or principal amount of the Notes outstanding under the Program at any time not to exceed $3,000,000,000. The Notes will have maturities of up to 397 days from the date of issue. The Notes will rank at least pari passu with all of the Company’s other unsecured and unsubordinated
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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ADOBE INC. reported financial results for third quarter fiscal year 2023 ended September 1, 2023.

Period
third quarter fiscal year 2023 ended September 1, 2023
Result
reported results
Exact text from the filing
On September 14, 2023, Adobe Inc. issued a press release announcing financial results for its third quarter fiscal year 2023 ended September 1, 2023.
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

ADOBE INC. entered into Program with Dealers valued at $3,000,000,000 (effective 2023-09-08).

Action
entry
Counterparty
Dealers
Value
$3,000,000,000
Effective
2023-09-08
Exact text from the filing
Commercial Paper Program On September 8, 2023, Adobe Inc. (the “Company”) established a commercial paper program (the “Program”) pursuant to which it may issue short-term, unsecured commercial paper notes (the “Notes”) under the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”).
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ADOBE INC. filing history →

Source: SEC EDGAR
accession 0000796343-23-000198
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