---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-055656"
form_type: "8-K"
ticker: "NTAP"
cik: "0001002047"
company_name: "NetApp, Inc."
filed_at: "2025-03-17T23:59:59+00:00"
generated_at: "2026-05-24T14:53:13.988385+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# NetApp issues $1.25B in senior notes to refinance 2025 notes and for general purposes

## Summary
- Offering of $625M 5.500% Senior Notes due 2032 and $625M 5.700% Senior Notes due 2035.
- Net proceeds to repay 1.875% Senior Notes due 2025 at maturity and for general corporate purposes.
- Interest payable semi-annually on March 17 and September 17, starting September 2025.
- Underwriting agreement with Goldman Sachs, J.P. Morgan, BofA, and Wells Fargo Securities.

## SEC filing metadata
- accession: 0001193125-25-055656
- form_type: 8-K
- ticker: NTAP
- cik: 0001002047
- company_name: NetApp, Inc.
- filed_at: 2025-03-17T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1002047/000119312525055656/0001193125-25-055656-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1002047/000119312525055656/d903666d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-055656
- JSON: https://secwatch.observer/filing/0001193125-25-055656.json
- Plain text: https://secwatch.observer/filing/0001193125-25-055656.txt

## Key facts
- Debt Financings
  NetApp, Inc. incurred senior notes of $625,000,000 million aggregate principal amount of 5.500% Senior Notes due 2032 and $625,000,000 million aggregate princ with Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, BofA Securities, Inc. and Wells Fargo Securities, LLC at 5.500% on the 2032 Notes and 5.700% on the 2035 Notes maturing 2032 Notes mature on March 17, 2032; 2035 Notes mature on March 17, 2035.
  - Instrument: senior notes
  - Principal: $625,000,000 million aggregate principal amount of 5.500% Senior Notes due 2032 and $625,000,000 million aggregate princ
  - Counterparty: Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, BofA Securities, Inc. and Wells Fargo Securities, LLC
  - Rate: 5.500% on the 2032 Notes and 5.700% on the 2035 Notes
  - Maturity: 2032 Notes mature on March 17, 2032; 2035 Notes mature on March 17, 2035
  - Event: incurrence
  source text: On March 12, 2025, NetApp, Inc. (“NetApp” or the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, BofA Securities, Inc. and Wells Fargo Securities, LLC, as representatives of the several underwriters named therein, to issue and sell $625,000,000 million aggregate principal amount of 5.500% Senior Notes due 2032 (the “2032 Notes”) and $625,000,000 million aggregate principal amount of 5.700% Senior Notes due 2035 (the “2035 Notes” and together with the 2032 Notes, the “Notes”) in a public offering (the “Offering”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1002047/000119312525055656/0001193125-25-055656-index.htm

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