---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-077948"
form_type: "8-K"
ticker: "PAYX"
cik: "0000723531"
company_name: "PAYCHEX INC"
filed_at: "2025-04-10T23:59:59+00:00"
generated_at: "2026-05-23T17:44:45.086420+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Paychex issues $4.2B in senior notes across three tranches: 5.100%, 5.350%, 5.600% due 2030-2035

## Summary
- Issued $1.5B 5.100% senior notes due 2030, $1.5B 5.350% notes due 2032, and $1.2B 5.600% notes due 2035.
- Total aggregate principal of $4.2B; offered via underwriters led by J.P. Morgan and BofA Securities.
- Notes issued under indenture with Bank of New York Mellon Trust as trustee; legal opinion filed.

## SEC filing metadata
- accession: 0001193125-25-077948
- form_type: 8-K
- ticker: PAYX
- cik: 0000723531
- company_name: PAYCHEX INC
- filed_at: 2025-04-10T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/723531/000119312525077948/0001193125-25-077948-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/723531/000119312525077948/d912764d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-077948
- JSON: https://secwatch.observer/filing/0001193125-25-077948.json
- Plain text: https://secwatch.observer/filing/0001193125-25-077948.txt

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