secwatch.observer — SEC 8-K summary
======================================

Issuer:     CUMMINS INC (CMI)
CIK:        0000026172
Form:       8-K
Filed at:   2024-02-20T23:59:59+00:00
Accession:  0001104659-24-025510
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cummins issues $2.25B in three tranches of senior notes due 2029, 2034, 2054
----------------------------------------------------------------------------

- Cummins raised $2.25B via public offering: $500M 4.900% notes due 2029, $750M 5.150% notes due 2034, $1B 5.450% notes due 2054.
- Offering closed Feb 20, 2024; net proceeds for general corporate purposes, including repaying existing debt.
- Interest payable semi-annually; notes redeemable at make-whole premium before certain dates.
- Issued under base indenture and supplemental indentures with U.S. Bank National Association as trustee.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/26172/000110465924025510/0001104659-24-025510-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/26172/000110465924025510/tm245853d6_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-025510

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