IBM Files 8-K Detailing Debt Instruments

Ticker: IBM · Form: 8-K · Filed: 2024-12-09T00:00:00.000Z

Sentiment: neutral

Topics: debt, filing, financial-statements

Related Tickers: IBM

TL;DR

IBM filed an 8-K on 12/9/24 detailing its various notes and debt maturities through 2030.

AI Summary

On December 9, 2024, International Business Machines Corp. (IBM) filed an 8-K to disclose information regarding its financial statements and exhibits. The filing includes details on various debt instruments, such as notes with interest rates ranging from 0.300% to 3.375% and maturity dates spanning from 2025 to 2030. This filing is primarily for informational purposes and does not appear to announce any new material events.

Why It Matters

This filing provides transparency into IBM's outstanding debt obligations, which can be a factor for investors and creditors assessing the company's financial structure and risk.

Risk Assessment

Risk Level: low — The filing is routine and primarily informational, detailing existing debt instruments without announcing new material events or changes.

Key Numbers

0.300% — Lowest Interest Rate on Notes (Indicates low-cost debt financing)
3.375% — Highest Interest Rate on Notes (Represents the upper bound of interest expense for disclosed debt)
2030 — Latest Maturity Year for Notes (Shows the longest-term debt obligation disclosed)

Key Players & Entities

INTERNATIONAL BUSINESS MACHINES CORP (company) — Filer
IBM (company) — Company Name Abbreviation
0000051143-24-000052 (filing_id) — Accession Number
20241209 (date) — Filing Date
1 NEW ORCHARD ROAD (address) — Business Address
ARMONK (city) — Business Address City
NY (state) — Business Address State
10504 (zip_code) — Business Address Zip
9144991900 (phone_number) — Business Phone

FAQ

What is the primary purpose of this 8-K filing by IBM?

The primary purpose of this 8-K filing by IBM on December 9, 2024, is to report financial statements and exhibits, specifically detailing various debt instruments.

What types of financial instruments are detailed in the filing?

The filing details various debt instruments, including notes with different interest rates (e.g., 2.875%, 0.950%, 0.875%, 0.300%, 1.250%, 3.375%, 1.750%, 1.500%) and maturity dates ranging from 2025 to 2030.

When was this 8-K filing submitted?

This 8-K filing was submitted on December 9, 2024.

What is IBM's business address as listed in the filing?

IBM's business address listed in the filing is 1 New Orchard Road, Armonk, NY 10504.

Does this filing indicate any new debt issuance or significant financial event?

Based on the provided text, this filing appears to be informational, detailing existing debt instruments rather than announcing a new debt issuance or a significant new financial event.

From the Filing

0000051143-24-000052.txt : 20241209 0000051143-24-000052.hdr.sgml : 20241209 20241209162724 ACCESSION NUMBER: 0000051143-24-000052 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20241209 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20241209 DATE AS OF CHANGE: 20241209 FILER: COMPANY DATA: COMPANY CONFORMED NAME: INTERNATIONAL BUSINESS MACHINES CORP CENTRAL INDEX KEY: 0000051143 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER & OFFICE EQUIPMENT [3570] ORGANIZATION NAME: 06 Technology IRS NUMBER: 130871985 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-02360 FILM NUMBER: 241535433 BUSINESS ADDRESS: STREET 1: 1 NEW ORCHARD ROAD CITY: ARMONK STATE: NY ZIP: 10504 BUSINESS PHONE: 9144991900 MAIL ADDRESS: STREET 1: 1 NEW ORCHARD RD CITY: ARMONK STATE: NY ZIP: 10504 8-K 1 ibm-20241209.htm 8-K ibm-20241209 0000051143 false CHX 0000051143 2024-12-09 2024-12-09 0000051143 exch:XNYS us-gaap:CommonStockMember 2024-12-09 2024-12-09 0000051143 exch:XCHI us-gaap:CommonStockMember 2024-12-09 2024-12-09 0000051143 exch:XNYS ibm:Notes2.875PercentDue2025Member 2024-12-09 2024-12-09 0000051143 exch:XNYS ibm:Notes0.950PercentDue2025Member 2024-12-09 2024-12-09 0000051143 exch:XNYS ibm:Notes0.875PercentDue2025Member 2024-12-09 2024-12-09 0000051143 exch:XNYS ibm:Notes0.300PercentDue2026Member 2024-12-09 2024-12-09 0000051143 exch:XNYS ibm:Notes1.250PercentDue2027Member 2024-12-09 2024-12-09 0000051143 exch:XNYS ibm:Notes3.375PercentDue2027Member 2024-12-09 2024-12-09 0000051143 exch:XNYS ibm:Notes0.300PercentDue2028Member 2024-12-09 2024-12-09 0000051143 exch:XNYS ibm:Notes1.750PercentDue2028Member 2024-12-09 2024-12-09 0000051143 exch:XNYS ibm:Notes1.500PercentDue2029Member 2024-12-09 2024-12-09 0000051143 exch:XNYS ibm:Notes0.875PercentDue2030Member 2024-12-09 2024-12-09 0000051143 exch:XNYS ibm:Notes1.750PercentDue2031Member 2024-12-09 2024-12-09 0000051143 exch:XNYS ibm:Notes3.625PercentDue2031Member 2024-12-09 2024-12-09 0000051143 exch:XNYS ibm:Notes0.650PercentDue2032Member 2024-12-09 2024-12-09 0000051143 exch:XNYS ibm:Notes1.250PercentDue2034Member 2024-12-09 2024-12-09 0000051143 exch:XNYS ibm:Notes3.750PercentDue2035Member 2024-12-09 2024-12-09 0000051143 exch:XNYS ibm:Notes4.875PercentDue2038Member 2024-12-09 2024-12-09 0000051143 exch:XNYS ibm:Notes1.200PercentDue2040Member 2024-12-09 2024-12-09 0000051143 exch:XNYS ibm:Notes4.000PercentDue2043Member 2024-12-09 2024-12-09 0000051143 exch:XNYS ibm:Debentures7.00PercentDue2025Member 2024-12-09 2024-12-09 0000051143 exch:XNYS ibm:Debentures6.22PercentDue2027Member 2024-12-09 2024-12-09 0000051143 exch:XNYS ibm:Debentures6.50PercentDue2028Member 2024-12-09 2024-12-09 0000051143 exch:XNYS ibm:Debentures5.875PercentDue2032Member 2024-12-09 2024-12-09 0000051143 exch:XNYS ibm:Debentures7.00PercentDue2045Member 2024-12-09 2024-12-09 0000051143 exch:XNYS ibm:Debentures7.125PercentDue2096Member 2024-12-09 2024-12-09 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report: December 9, 2024 (Date of earliest event reported) INTERNATIONAL BUSINESS MACHINES CORPORATION (Exact name of registrant as specified in its charter) New York 1-2360 13-0871985 (State of Incorporation) (Commission File Number) (IRS employer Identification No.) One New Orchard Road Armonk , New York 10504 (Address of principal executive offices) (Zip Code) 914 - 499-1900 (Registrant’s telephone number) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the