---
schema_version: "secwatch.filing_event.v1"
accession: "0000896878-25-000006"
form_type: "8-K"
ticker: "INTU"
cik: "0000896878"
company_name: "INTUIT INC."
filed_at: "2025-01-31T23:59:59+00:00"
generated_at: "2026-05-27T05:02:57.408235+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Intuit secures $4.5B short-term credit facility for TurboTax refund product

## Summary
- Facility is unsecured, revolving, matures April 30, 2025.
- Proceeds may only be used for Intuit's TurboTax 5-Day Early refund offering.
- Interest at SOFR + 1.125% or base rate + 0.125%; commitment fee 0.10% on unused amount.
- No funds drawn as of filing date; facility complements existing CP program and credit line.
- Covenant requires max consolidated leverage ratio; JPMorgan is administrative agent.

## SEC filing metadata
- accession: 0000896878-25-000006
- form_type: 8-K
- ticker: INTU
- cik: 0000896878
- company_name: INTUIT INC.
- filed_at: 2025-01-31T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/896878/000089687825000006/0000896878-25-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/896878/000089687825000006/intu-20250130.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000896878-25-000006
- JSON: https://secwatch.observer/filing/0000896878-25-000006.json
- Plain text: https://secwatch.observer/filing/0000896878-25-000006.txt

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