Medtronic plc Files 8-K on Financials and Senior Notes
Ticker: MDT · Form: 8-K · Filed: Nov 19, 2024 · CIK: 1613103
| Field | Detail |
|---|---|
| Company | Medtronic PLC (MDT) |
| Form Type | 8-K |
| Filed Date | Nov 19, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt, financials, notes
TL;DR
Medtronic dropped an 8-K detailing its debt maturities and interest rates on senior notes.
AI Summary
On November 19, 2024, Medtronic plc filed an 8-K report detailing its financial condition and results of operations. The filing includes information on various senior notes due in the coming years, such as those maturing in 2025, 2027, 2028, 2029, and 2031, with varying interest rates.
Why It Matters
This filing provides investors with an update on Medtronic's financial structure, specifically concerning its outstanding debt obligations, which can impact its financial health and future investment decisions.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of financial information and does not indicate any immediate or significant risks.
Key Numbers
- 2025 — Senior Notes Maturity Year (Indicates upcoming debt obligations)
- 2027 — Senior Notes Maturity Year (Indicates upcoming debt obligations)
- 2028 — Senior Notes Maturity Year (Indicates upcoming debt obligations)
- 2029 — Senior Notes Maturity Year (Indicates upcoming debt obligations)
- 2031 — Senior Notes Maturity Year (Indicates upcoming debt obligations)
Key Players & Entities
- Medtronic plc (company) — Filer of the 8-K report
- 0001613103-24-000162 (dollar_amount) — Accession number for the filing
- 20241119 (dollar_amount) — Filing date
- 0425 (dollar_amount) — Fiscal year end
FAQ
What specific interest rates are associated with the senior notes maturing in 2025?
The filing mentions senior notes due in 2025 with rates of A0.250%, A0.000%, and A2.625%.
Are there any new debt issuances mentioned in this 8-K filing?
This filing primarily details existing senior notes and their maturity dates and interest rates, rather than new issuances.
What is the fiscal year end for Medtronic plc?
Medtronic plc's fiscal year ends on 0425.
What is the accession number for this 8-K filing?
The accession number for this filing is 0001613103-24-000162.
What are the maturity dates for the senior notes with interest rates of A3.650% and A1.625%?
The senior notes with an interest rate of A3.650% mature in 2029, and those with an interest rate of A1.625% mature in 2031.
Filing Stats: 668 words · 3 min read · ~2 pages · Grade level 8.9 · Accepted 2024-11-19 06:46:38
Key Financial Figures
- $0.0001 — registered Ordinary shares, par value $0.0001 per share MDT New York Stock Exchange
Filing Documents
- mdt-20241119.htm (8-K) — 64KB
- exhibit991-fy25q2earningsr.htm (EX-99.1) — 863KB
- image_0.jpg (GRAPHIC) — 25KB
- 0001613103-24-000162.txt ( ) — 1298KB
- mdt-20241119.xsd (EX-101.SCH) — 7KB
- mdt-20241119_def.xml (EX-101.DEF) — 25KB
- mdt-20241119_lab.xml (EX-101.LAB) — 51KB
- mdt-20241119_pre.xml (EX-101.PRE) — 27KB
- mdt-20241119_htm.xml (XML) — 18KB
02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition On November 19, 2024, Medtronic plc, a public limited company organized under the laws of Ireland, issued a press release announcing its second quarter fiscal year 2025 financial results. A copy of the press release is furnished as Exhibit 99.1 to this report.
01. Exhibits
Item 9.01. Exhibits. (d) List of Exhibits Exhibit Number Description 99.1 Press release of Medtronic plc, dated November 19, 2024 104 Cover Page Interactive Data File (embedded with the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Medtronic plc By /s/ Gary Corona Date: November 19, 2024 Gary Corona Senior Vice President and Interim Chief Financial Officer (Principal Financial Officer) EXHIBIT INDEX Exhibit Number Description 99.1 Press release of Medtronic plc, dated November 19, 2024 104 Cover Page Interactive Data File (embedded with the Inline XBRL document).