secwatch.observer — SEC 8-K summary
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Issuer:     Gen Digital Inc. (GEN)
CIK:        0000849399
Form:       8-K
Filed at:   2022-09-19T23:59:59+00:00
Accession:  0001104659-22-101187
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NortonLifeLock issues $1.5B in senior notes: $900M at 6.750% due 2027, $600M at 7.125% due 2030
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- Issued $1.5B aggregate principal amount of senior notes: $900M 6.750% notes due 2027 and $600M 7.125% notes due 2030.
- Interest payable semiannually on March 31 and September 30, beginning March 31, 2023.
- Notes are guaranteed by subsidiaries LifeLock, Avira, and others.
- Company may redeem up to 40% of each tranche with equity offering proceeds at specified redemption prices.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/849399/000110465922101187/0001104659-22-101187-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/849399/000110465922101187/tm2226122d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-101187

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer