secwatch.observer — SEC 8-K summary
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Issuer:     TAPESTRY, INC. (TPR)
CIK:        0001116132
Form:       8-K
Filed at:   2024-12-05T23:59:59+00:00
Accession:  0001140361-24-048469
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tapestry prices $1.5B senior unsecured notes in two tranches at 5.100% and 5.500%
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- $750M of 5.100% notes due 2030 and $750M of 5.500% notes due 2035 priced for public offering.
- Net proceeds plus cash on hand to repay term loan and revolver borrowings used for share repurchases.
- Offering expected to close December 11, 2024, underwritten by BofA, Morgan Stanley, and J.P. Morgan.
- Notes are unsecured and registered under automatic shelf registration statement on Form S-3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1116132/000114036124048469/0001140361-24-048469-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1116132/000114036124048469/ef20039617_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-048469

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