{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-111380","form_type":"8-K","ticker":"KD","cik":"0001867072","company_name":"Kyndryl Holdings, Inc.","filed_at":"2026-09-28T20:22:39+00:00","discovered_at":"2026-09-28T20:25:46.854708+00:00","generated_at":"2026-10-12T13:36:18.335875+00:00","sec_items":["8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Kyndryl to sell $1B senior notes due 2029 and 2032 to refinance 2026 debt","bullets":["Kyndryl agreed to sell $600M of 7.800% senior notes due 2029 and $400M of 7.875% senior notes due 2032 to underwriters led by J.P. Morgan, Citigroup and Morgan Stanley.","Net proceeds will repay at maturity $700M of Kyndryl's 2.05% senior notes due October 2026, with remaining proceeds plus cash to repay its revolving credit agreement.","The notes are senior unsecured obligations, not guaranteed by subsidiaries; 2029 notes mature September 28, 2029, and 2032 notes mature January 15, 2032.","Interest is payable semiannually beginning March 28, 2027 for the 2029 notes and January 15, 2027 for the 2032 notes; rates adjust on rating changes.","The indentures restrict liens, sale-leaseback transactions and mergers, and require repurchase offers on certain change-of-control events."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-111380","json":"https://secwatch.observer/filing/0001104659-26-111380.json","markdown":"https://secwatch.observer/filing/0001104659-26-111380.md","text":"https://secwatch.observer/filing/0001104659-26-111380.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1867072/000110465926111380/0001104659-26-111380-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1867072/000110465926111380/tm2626148d1_8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T13:36:18.335875+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}