---
schema_version: "secwatch.filing_event.v1"
accession: "0000796343-23-000198"
form_type: "8-K"
ticker: "ADBE"
cik: "0000796343"
company_name: "ADOBE INC."
filed_at: "2023-09-14T23:59:59+00:00"
generated_at: "2026-06-10T18:12:35.666917+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "medium"
source: SEC EDGAR
---

# Adobe establishes $3B commercial paper program; Q3 FY2023 earnings released

## Summary
- Commercial paper program up to $3B aggregate principal, maturities up to 397 days.
- Notes are unsecured, rank pari passu with other unsecured debt; proceeds for general corporate purposes.
- No notes outstanding initially; one or more dealers engaged under dealer agreements.
- Q3 FY2023 earnings press release issued; specific financial results not provided in filing text.

## SEC filing metadata
- accession: 0000796343-23-000198
- form_type: 8-K
- ticker: ADBE
- cik: 0000796343
- company_name: ADOBE INC.
- filed_at: 2023-09-14T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: medium
- sec_items: 1.01, 2.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/796343/000079634323000198/0000796343-23-000198-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/796343/000079634323000198/adbe-20230908.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000796343-23-000198
- JSON: https://secwatch.observer/filing/0000796343-23-000198.json
- Plain text: https://secwatch.observer/filing/0000796343-23-000198.txt

## Key facts
- Debt Financings
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/796343/000079634323000198/0000796343-23-000198-index.htm
- Earnings Releases
  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
  source text: On September 14, 2023, Adobe Inc. issued a press release announcing financial results for its third quarter fiscal year 2023 ended September 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/796343/000079634323000198/0000796343-23-000198-index.htm
- Material Agreements
  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
  source text: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/796343/000079634323000198/0000796343-23-000198-index.htm

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