debt
confidence high
sentiment neutral
materiality 0.65
IBM issues €3.5B Euro Notes and $4.75B USD Notes in debt offering
INTERNATIONAL BUSINESS MACHINES CORP
- IBM issued €3.5B in Euro Notes across four tranches: 2.900% due 2030, 3.150% due 2033, 3.450% due 2037, 3.800% due 2045.
- IBM issued $4.75B in USD Notes across five tranches: 4.650% due 2028, 4.800% due 2030, 5.000% due 2032, 5.200% due 2035, 5.700% due 2055.
- Total debt offering of approximately €3.5B plus $4.75B; use of proceeds not disclosed in this filing.
- Underwriting agreements signed with a syndicate of 19 banks, including BNP Paribas, Barclays, Deutsche Bank, and Wells Fargo.