---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-052180"
form_type: "8-K"
ticker: "BAX"
cik: "0000010456"
company_name: "BAXTER INTERNATIONAL INC"
filed_at: "2026-08-04T12:32:33+00:00"
generated_at: "2026-08-04T12:35:20.821760+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Baxter launches cash tender offers for up to $500M of senior notes

## Summary
- Offers to purchase up to $500M aggregate purchase price of four series of senior notes (3.132% due 2051, 3.500% due 2046, 4.500% due 2043, 2.539% due 2032).
- Early tender premium of $30 per $1,000 principal for notes tendered by Aug 17, 2026; early settlement expected Aug 20, 2026.
- Acceptance priority levels: highest for 3.132% notes due 2051, then 3.500% due 2046, 4.500% due 2043, lowest for 2.539% due 2032.
- Offers expire Sept 1, 2026; final settlement expected Sept 3, 2026.
- Lead dealer managers: BofA Securities, J.P. Morgan, Goldman Sachs; co-dealer managers: Citigroup, Mizuho, SG Americas.

## SEC filing metadata
- accession: 0001628280-26-052180
- form_type: 8-K
- ticker: BAX
- cik: 0000010456
- company_name: BAXTER INTERNATIONAL INC
- filed_at: 2026-08-04T12:32:33+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/10456/000162828026052180/0001628280-26-052180-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/10456/000162828026052180/bax-20260804.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-052180
- JSON: https://secwatch.observer/filing/0001628280-26-052180.json
- Plain text: https://secwatch.observer/filing/0001628280-26-052180.txt

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