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

Issuer:     HP INC (HPQ)
CIK:        0000047217
Form:       8-K
Filed at:   2023-07-11T23:59:59+00:00
Accession:  0001140361-23-034085
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HP upsizes cash tender offer to ~$1.019B, prices notes at fixed spreads
-----------------------------------------------------------------------

- Maximum aggregate purchase price increased to approximately $1.019 billion from $1.0 billion.
- Early tender results: $346.6M of 3.400% notes due 2030, $323.8M of 4.200% notes due 2032, $478.4M of 1.450% notes due 2026 tendered.
- Notes at Acceptance Priority Levels 4–7 will not be accepted due to oversubscription.
- Total consideration per $1,000 principal: $870.53 for 3.400% notes due 2030, $885.49 for 4.200% notes due 2032, $900.06 for 1.450% notes due 2026.
- Settlement expected July 27, 2023; withdrawal rights expired as of July 10.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/47217/000114036123034085/0001140361-23-034085-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/47217/000114036123034085/brhc20055698_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-034085

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