secwatch.observer — SEC 8-K summary
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Issuer:     Coinbase Global, Inc. (COIN)
CIK:        0001679788
Form:       8-K
Filed at:   2023-09-19T23:59:59+00:00
Accession:  0001193125-23-237309
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Coinbase completes tender offer for $262.5M of 3.625% Senior Notes due 2031
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- Final tender of $1.447M accepted at $675 per $1,000 principal plus accrued interest.
- Total $262.543M principal tendered across early, interim, and final settlement dates.
- Original outstanding $1B notes; tender reduces debt by approximately 26%.
- Final settlement expected on September 20, 2023.
- Citigroup Global Markets Inc. served as dealer manager for the offer.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1679788/000119312523237309/0001193125-23-237309-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1679788/000119312523237309/d512791d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-237309

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