IBM Files 8-K Detailing Debt Maturities and Exhibits

TL;DR

IBM filed an 8-K showing its various debt notes due between 2025-2031.

AI Summary

International Business Machines Corp. (IBM) filed an 8-K on February 7, 2025, primarily to report financial statements and exhibits. The filing details various debt instruments, including notes with interest rates ranging from 0.300% to 3.625% and maturity dates spanning from 2025 to 2031. No specific new financial transactions or material events were detailed in the provided excerpt.

Why It Matters

This filing provides investors with an update on IBM's outstanding debt obligations, offering transparency into the company's financial structure and upcoming maturity dates.

Risk Assessment

Risk Level: low — The filing is routine and primarily consists of financial statement disclosures and exhibits, with no indication of new risks or material adverse events.

Key Numbers

• 0.300% — Lowest Note Interest Rate (Maturity in 2026 and 2028)
• 3.625% — Highest Note Interest Rate (Maturity in 2031)
• 2025-2031 — Note Maturity Range (Covers all listed debt instruments)

Key Players & Entities

• INTERNATIONAL BUSINESS MACHINES CORP (company) — Filer
• IBM (company) — Company Name Abbreviation
• 0000051143 (company) — Central Index Key
• NY (location) — State of Incorporation
• 1 NEW ORCHARD ROAD (location) — Business Address
• ARMONK (location) — City
• 10504 (location) — ZIP Code
• 9144991900 (phone_number) — Business Phone

FAQ

Key Financial Figures

• $4,750,000,000 — 4.5, 4.6, 4.7, 4.8 and 4.9 relating to $4,750,000,000 aggregate principal amount of debt secu

Filing Documents

• tm255870d1_8k.htm (8-K) — 94KB
• tm255870d1_ex1-1.htm (EX-1.1) — 280KB
• tm255870d1_ex1-2.htm (EX-1.2) — 245KB
• tm255870d1_ex4-1.htm (EX-4.1) — 54KB
• tm255870d1_ex4-2.htm (EX-4.2) — 54KB
• tm255870d1_ex4-3.htm (EX-4.3) — 54KB
• tm255870d1_ex4-4.htm (EX-4.4) — 54KB
• tm255870d1_ex4-5.htm (EX-4.5) — 37KB
• tm255870d1_ex4-6.htm (EX-4.6) — 37KB
• tm255870d1_ex4-7.htm (EX-4.7) — 37KB
• tm255870d1_ex4-8.htm (EX-4.8) — 37KB
• tm255870d1_ex4-9.htm (EX-4.9) — 37KB
• tm255870d1_ex5-1.htm (EX-5.1) — 9KB
• 0001104659-25-010555.txt ( ) — 1583KB
• ibm-20250205.xsd (EX-101.SCH) — 8KB
• ibm-20250205_def.xml (EX-101.DEF) — 36KB
• ibm-20250205_lab.xml (EX-101.LAB) — 49KB
• ibm-20250205_pre.xml (EX-101.PRE) — 34KB
• tm255870d1_8k_htm.xml (XML) — 32KB

Financial Statements and Exhibits

Financial Statements and Exhibits. This Current Report on Form 8-K is being filed to incorporate by reference into Registration Statement No. 333-276739 on Form S-3, effective January 29, 2024, the documents included as (1) Exhibits 1.1, 4.1, 4.2, 4.3 and 4.4 relating to 3,500,000,000 aggregate principal amount of debt securities of the Registrant (the "Euro Notes"), (2) Exhibits 1.2, 4.5, 4.6, 4.7, 4.8 and 4.9 relating to $4,750,000,000 aggregate principal amount of debt securities of the Registrant (the "USD Notes" and, together with the Euro Notes, the "Notes") and (3) Exhibits 5.1 and 23.1 regarding the Notes. The Euro and the USD Notes were offered by means of separate prospectus supplements.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description of Exhibit 1.1 Underwriting Agreement dated February 5, 2025 among International Business Machines Corporation and BNP PARIBAS, Banco Santander, S.A., Barclays Bank PLC, Deutsche Bank AG, London Branch, RBC Europe Limited, SMBC Bank International plc, Socit Gnrale, U.S. Bancorp Investments, Inc., Wells Fargo Securities International Limited, Banco Bilbao Vizcaya Argentaria, S.A., Canadian Imperial Bank of Commerce, London Branch, ING Bank N.V., Belgian Branch, Mizuho International plc, MUFG Securities EMEA plc, Scotiabank (Ireland) Designated Activity Company, Academy Securities, Inc., Bancroft Capital, LLC, Samuel A. Ramirez & Company, Inc. and Siebert Williams Shank & Co., LLC, as the Underwriters 1.2 Underwriting Agreement dated February 5, 2025 among International Business Machines Corporation and BNP Paribas Securities Corp., Barclays Capital Inc., Deutsche Bank Securities Inc., RBC Capital Markets, LLC, Santander US Capital Markets LLC, SG Americas Securities, LLC, SMBC Nikko Securities America, Inc., U.S. Bancorp Investments, Inc. and Wells Fargo Securities, LLC, as the Representatives of the Underwriters 4.1 Form of 2.900% Note due 2030 4.2 Form of 3.150% Note due 2033 4.3 Form of 3.450% Note due 2037 4.4 Form of 3.800% Note due 2045 4.5 Form of 4.650% Note due 2028 4.6 Form of 4.800% Note due 2030 4.7 Form of 5.000% Note due 2032 4.8 Form of 5.200% Note due 2035 4.9 Form of 5.700% Note due 2055 5.1 Opinion of Jane P. Edwards, Vice President, Assistant General Counsel and Secretary regarding the Notes 23.1 Consent of Jane P. Edwards, Vice President, Assistant General Counsel and Secretary (included in Exhibit 5.1) 104 Cover Page Interactive Data File - the cover page interactive data file does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document IBM's web site

View Full Filing

View this 8-K filing on SEC EDGAR