---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-23-001013"
form_type: "8-K"
ticker: "WKC"
cik: "0000789460"
company_name: "WORLD KINECT CORP"
filed_at: "2023-06-21T23:59:59+00:00"
generated_at: "2026-06-13T20:24:12.718322+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# World Kinect announces $250M convertible note offering due 2028, $50M stock buyback

## Summary
- Offers $250M principal of Convertible Senior Notes due 2028, with option for additional $37.5M.
- Notes mature July 1, 2028; interest rate and conversion terms set at pricing.
- Proceeds used to repay revolver, fund convertible hedge cost, and repurchase up to $50M of common stock.
- Enters convertible note hedge and warrant transactions to reduce dilution and offset cash payments.
- Notes offered privately to QIBs under Rule 144A; not registered under Securities Act.

## SEC filing metadata
- accession: 0001157523-23-001013
- form_type: 8-K
- ticker: WKC
- cik: 0000789460
- company_name: WORLD KINECT CORP
- filed_at: 2023-06-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/789460/000115752323001013/0001157523-23-001013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/789460/000115752323001013/a53426637.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-001013
- JSON: https://secwatch.observer/filing/0001157523-23-001013.json
- Plain text: https://secwatch.observer/filing/0001157523-23-001013.txt

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