---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-236201"
form_type: "8-K"
ticker: "INTU"
cik: "0000896878"
company_name: "INTUIT INC."
filed_at: "2023-09-15T23:59:59+00:00"
generated_at: "2026-06-10T17:05:24.308395+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Intuit issues $4.0B senior notes across four tranches; net proceeds to repay term loan

## Summary
- Issued $750M 5.250% notes due 2026, $750M 5.125% notes due 2028, $1.25B 5.200% notes due 2033, $1.25B 5.500% notes due 2053.
- Net proceeds estimated at ~$3.96B; will repay outstanding unsecured term loan under credit facility.
- Interest payable March 15 and September 15 annually starting March 15, 2024.
- Notes are senior unsecured, rank equally with all existing and future unsecured unsubordinated debt.
- Pricing and settlement occurred on September 15, 2023 under shelf registration statement filed September 1, 2023.

## SEC filing metadata
- accession: 0001193125-23-236201
- form_type: 8-K
- ticker: INTU
- cik: 0000896878
- company_name: INTUIT INC.
- filed_at: 2023-09-15T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/896878/000119312523236201/0001193125-23-236201-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/896878/000119312523236201/d506610d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-236201
- JSON: https://secwatch.observer/filing/0001193125-23-236201.json
- Plain text: https://secwatch.observer/filing/0001193125-23-236201.txt

## Key facts
- Material Agreements
  INTUIT INC. entered into First Supplemental Indenture with U.S. Bank Trust Company, National Association, as trustee (effective 2023-09-15).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: U.S. Bank Trust Company, National Association, as trustee
  - Effective: 2023-09-15
  source text: an Indenture dated as of June 29, 2020 (the “Base Indenture”), between Intuit and U.S. Bank Trust Company, National Association, as trustee, together with the First Supplemental Indenture, dated September 15, 2023 (the “Supplemental Indenture” and, together with the Base Indenture, the “Indenture”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/896878/000119312523236201/0001193125-23-236201-index.htm
- Material Agreements
  INTUIT INC. entered into Underwriting Agreement with BofA Securities, Inc., J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC, as representatives of the underwriters valued at $750.0 million aggregate principal amount of its 5.250% Senior Notes due 2026, $750.0 million aggreg (effective 2023-09-15).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: BofA Securities, Inc., J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC, as representatives of the underwriters
  - Value: $750.0 million aggregate principal amount of its 5.250% Senior Notes due 2026, $750.0 million aggreg
  - Effective: 2023-09-15
  source text: On September 15, 2023, Intuit Inc. (“Intuit”) completed its issuance and sale of $750.0 million aggregate principal amount of its 5.250% Senior Notes due 2026 (the “2026 Notes”), $750.0 million aggregate principal amount of its 5.125% Senior Notes due 2028 (the “2028 Notes”), $1.25 billion aggregate principal amount of its 5.200% Senior Notes due 2033 (the “2033 Notes”) and $1.25 billion aggregate principal amount of its 5.500% Senior Notes due 2053 (the “2053 Notes” and together with the 2026 Notes, the 2028 Notes and the 2033 Notes, the “Notes”) pursuant to an Underwriting Agreement (the “Underwriting Agreement”) with BofA Securities, Inc., J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC, as representatives of the underwriters named therein
  evidence_url: https://www.sec.gov/Archives/edgar/data/896878/000119312523236201/0001193125-23-236201-index.htm

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