secwatch.observer — SEC 8-K summary
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Issuer:     WATERS CORP /DE/ (WAT)
CIK:        0001000697
Form:       8-K
Filed at:   2026-03-23T23:59:59+00:00
Accession:  0001193125-26-119753
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Waters subsidiary issues $3.5B in senior notes across five tranches to repay DDTL
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- Issuer Augusta SpinCo completed offering of $3.5B senior notes: 4.321% due 2027, 4.398% 2029, 4.656% 2031, 4.945% 2033, 5.245% 2036.
- Notes are fully and unconditionally guaranteed by Waters Corp and certain subsidiaries.
- Proceeds used to repay $3.5B of indebtedness under delayed draw term loan incurred in February 2026.
- Change of control triggers mandatory repurchase at 101% of principal plus accrued interest.
- Underwriters include Barclays, Citigroup, J.P. Morgan, BofA Securities, and HSBC.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1000697/000119312526119753/0001193125-26-119753-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1000697/000119312526119753/d70582d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-119753

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