secwatch.observer — SEC 8-K summary
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Issuer:     INTUIT INC. (INTU)
CIK:        0000896878
Form:       8-K
Filed at:   2023-09-15T23:59:59+00:00
Accession:  0001193125-23-236201
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/896878/000119312523236201/0001193125-23-236201-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/896878/000119312523236201/d506610d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-236201

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