secwatch.observer — SEC 8-K summary
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Issuer:     MATTEL INC /DE/ (MAT)
CIK:        0000063276
Form:       8-K
Filed at:   2025-11-17T23:59:59+00:00
Accession:  0001193125-25-284624
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mattel issues $600M 5.000% Senior Notes due 2030 to redeem 2026 notes
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- Issued $600M in 5.000% Senior Notes due Nov 17, 2030; interest paid semi-annually May 17 and Nov 17.
- Net proceeds plus cash on hand used to redeem all $600M of outstanding 3.375% Senior Notes due 2026.
- Notes are senior unsecured, ranking pari passu with existing senior debt; structurally subordinated to subsidiary debt.
- Optional redemption: make-whole premium before Oct 17, 2030; par thereafter.
- Upon a Change of Control Triggering Event, holders may require repurchase at 101% of principal plus accrued interest.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/63276/000119312525284624/0001193125-25-284624-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/63276/000119312525284624/d43544d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-284624

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