---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-053187"
form_type: "8-K"
ticker: "BAX"
cik: "0000010456"
company_name: "BAXTER INTERNATIONAL INC"
filed_at: "2025-11-19T23:59:59+00:00"
generated_at: "2026-05-16T18:21:06.159130+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Baxter increases tender offer cap for 2027 notes to $600M from $300M

## Summary
- Maximum Tender Cap raised to $600M for 1.915% senior notes due 2027, from $300M.
- Principal amount outstanding of 2027 notes is $1.45B; offer remains subject to conditions.
- Previously announced tender for 2.600% notes due 2026 is unchanged.
- Offer modified via press release dated Nov. 19, 2025; dealer managers are Citigroup, BofA, J.P. Morgan.

## SEC filing metadata
- accession: 0001628280-25-053187
- form_type: 8-K
- ticker: BAX
- cik: 0000010456
- company_name: BAXTER INTERNATIONAL INC
- filed_at: 2025-11-19T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/10456/000162828025053187/0001628280-25-053187-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/10456/000162828025053187/bax-20251119.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-053187
- JSON: https://secwatch.observer/filing/0001628280-25-053187.json
- Plain text: https://secwatch.observer/filing/0001628280-25-053187.txt

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