secwatch.observer — SEC 8-K summary
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Issuer:     Medtronic plc (MDT)
CIK:        0001613103
Form:       8-K
Filed at:   2023-03-30T23:59:59+00:00
Accession:  0001193125-23-085642
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Medtronic issues $2B in senior notes to refinance JPY term loan
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- Issued $1B of 4.250% Senior Notes due 2028 and $1B of 4.500% Senior Notes due 2033.
- Net proceeds of ~$1.98B to prepay portion of ¥297B (~$2.3B) JPY term loan.
- Notes fully and unconditionally guaranteed by Medtronic plc and Medtronic, Inc.
- Interest expense impact from offering and related transactions expected immaterial.
- Underwriters include Barclays, J.P. Morgan, and Mizuho Securities.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1613103/000119312523085642/0001193125-23-085642-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1613103/000119312523085642/d490503d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-085642

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