---
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"
generated_at: "2026-10-12T13:36:18.335875+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Kyndryl to sell $1B senior notes due 2029 and 2032 to refinance 2026 debt

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-111380
- JSON: https://secwatch.observer/filing/0001104659-26-111380.json
- Plain text: https://secwatch.observer/filing/0001104659-26-111380.txt

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