Financing ·
IBM prices C$2.75B of senior unsecured notes due 2030 at 4.00% and 2034 at 4.75%
IBMInternational Business Machines Corp
IBM filed a Form 8-K to incorporate by reference into its effective Form S-3 registration statement (No. 333-276739) the documents related to an offering of C$2,750,000,000 aggregate principal amount of debt securities. The filing includes exhibits detailing the underwriting agreement with CIBC World Markets Inc., RBC Dominion Securities Inc., Scotia Capital Inc., and TD Securities Inc., as well as forms for 4.00% Notes due 2030 and 4.75% Notes due 2034, along with legal opinions and consents. This transaction represents a significant capital raising activity through the issuance of senior unsecured notes in Canadian dollars. IBM operates in the technology industry, providing enterprise-level cloud computing, artificial intelligence, hybrid infrastructure solutions, and professional consulting services globally.