Take-Two issues $1.0B senior notes: $500M at 5.000% due 2026, $500M at 4.950% due 2028

TAKE TWO INTERACTIVE SOFTWARE INC

Completed offering of $1.0B aggregate principal amount of senior notes on April 14, 2023.
$500M of 5.000% Senior Notes due March 28, 2026 and $500M of 4.950% Senior Notes due March 28, 2028.
Interest payable semi-annually on March 28 and September 28, beginning September 28, 2023.
Notes are senior unsecured obligations ranking equally with existing and future unsubordinated debt.
Upon a change of control repurchase event, holders may require repurchase at 101% of principal plus accrued interest.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

TAKE TWO INTERACTIVE SOFTWARE INC entered into Indenture with The Bank of New York Mellon, as trustee valued at $1.0 billion aggregate principal amount (effective 2023-04-14).

Action: entry
Agreement: notes offering
Counterparty: The Bank of New York Mellon, as trustee
Value: $1.0 billion aggregate principal amount
Effective: 2023-04-14

Exact text from the filing

On April 14, 2023, Take-Two Interactive Software, Inc. (the “Company”) completed its offering and sale of $1.0 billion aggregate principal amount of its senior notes, consisting of $500 million principal amount of its 5.000% Senior Notes due 2026 (the “2026 Notes”) and $500 million principal amount of its 4.950% Senior Notes due 2028 (the “2028 Notes” and, together with the 2026 Notes, the “Notes”).

View on SEC.gov

119 material agreements filed in the last 30 days. Browse all material agreements →

TAKE TWO INTERACTIVE SOFTWARE INC filing history →

Source: SEC EDGAR

accession 0001193125-23-102153

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.