debt
confidence high
sentiment neutral
materiality 0.55
Autodesk issues $1B of 2.400% senior notes due 2031
Autodesk, Inc.
- Issued $1 billion aggregate principal amount of 2.400% notes due December 15, 2031.
- Interest payable semi-annually on June 15 and December 15, starting June 15, 2022.
- Notes subject to change-in-control repurchase offer if downgraded below investment grade.
- Covenants restrict liens, sale-leasebacks, and mergers; standard events of default.
- Net proceeds not specified; offering closed on October 7, 2021.