Capital One Issues New Senior Notes
Ticker: COF-PN · Form: 8-K · Filed: Sep 16, 2024 · CIK: 927628
| Field | Detail |
|---|---|
| Company | Capital One Financial Corp (COF-PN) |
| Form Type | 8-K |
| Filed Date | Sep 16, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt-issuance, financing
Related Tickers: COF
TL;DR
COF just dropped new debt, watch those yields.
AI Summary
On September 13, 2024, Capital One Financial Corporation filed an 8-K report detailing the issuance of Senior Notes due 2029. This filing indicates a significant debt financing activity for the company, likely to support its ongoing operations and strategic initiatives.
Why It Matters
This filing signals Capital One's engagement in debt markets, which can impact its leverage and funding costs.
Risk Assessment
Risk Level: medium — Issuing new debt increases financial leverage and can signal the company's funding needs or strategic plans.
Key Players & Entities
- Capital One Financial Corporation (company) — Filer
- September 13, 2024 (date) — Date of earliest event reported
- Senior Notes Due 2029 (debt_instrument) — Newly issued debt
FAQ
What is the principal amount of the Senior Notes due 2029?
The filing does not specify the principal amount of the Senior Notes due 2029.
What is the interest rate on the Senior Notes due 2029?
The filing does not disclose the interest rate for the Senior Notes due 2029.
What is the purpose of issuing these Senior Notes?
The filing does not explicitly state the purpose for the issuance of the Senior Notes due 2029.
When were the Senior Notes due 2029 issued?
The filing indicates the earliest event reported was September 13, 2024, related to the Senior Notes due 2029.
Are there any specific covenants associated with these Senior Notes?
The filing does not detail any specific covenants related to the Senior Notes due 2029.
Filing Stats: 683 words · 3 min read · ~2 pages · Grade level 12.9 · Accepted 2024-09-13 17:31:19
Filing Documents
- cof-20240913.htm (8-K) — 38KB
- ex991august2024creditmetri.htm (EX-99.1) — 24KB
- 0000927628-24-000284.txt ( ) — 268KB
- cof-20240913.xsd (EX-101.SCH) — 4KB
- cof-20240913_def.xml (EX-101.DEF) — 19KB
- cof-20240913_lab.xml (EX-101.LAB) — 37KB
- cof-20240913_pre.xml (EX-101.PRE) — 19KB
- cof-20240913_htm.xml (XML) — 8KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. Capital One Financial Corporation (the "Company") hereby furnishes the information in Exhibit 99.1 hereto, Monthly Charge-Off and Delinquency Metrics - As of and for the month ended August 31, 2024. Note: Information in this report (including the exhibit) furnished pursuant to Item 7.01 shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that Section. This report will not be deemed an admission as to the materiality of any information in the report that is required to be disclosed solely by Regulation FD. Furthermore, the information provided in Exhibit 99.1 shall not be deemed incorporated by reference into any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Monthly Charge-Off and Delinquency Metrics - As of and for the month ended August 31, 2024 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL 1 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized. CAPITAL ONE FINANCIAL CORPORATION Date: September 13, 2024 By: /s/ TIMOTHY P. GOLDEN Timothy P. Golden SVP, Controller and Principal Accounting Officer 2