5.200% Senior Notes due 2033
Note · Intuit Inc.
Reference: 5.200% Senior Notes due 2033
Active
- Original principal
- USD 1,250,000,000
- Outstanding
- —
- Commitment
- —
- Availability
- —
- Maturity
- Sep 15, 2033
Last reported interest terms:
5.2%
Reported 2023-09-15
Later filings may not restate these terms; this does not confirm they still apply.
Covenant terms for this agreement are not yet verified.
Documents and filing history
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Issuance
· 2023-09-15
Original principal USD 1,250,000,000 Exact source document
Parent 8-K filing · 2023-09-15
On September 15, 2023, Intuit Inc. (“Intuit”) completed its issuance and sale of $750.0 million aggregate principal amount of its 5.250% Senior Notes due 2026 (the “2026 Notes”), $750.0 million aggregate principal amount of its 5.125% Senior Notes due 2028 (the “2028 Notes”), $1.25 billion aggregate principal amount of its 5.200% Senior Notes due 2033 (the “2033 Notes”) and $1.25 billion aggregate principal amount of its 5.500% Senior Notes due 2053 (the “2053 Notes” and together with the 2026 Notes, the 2028 Notes and the 2033 Notes, the “Notes”) pursuant to an Underwriting Agreement (the “Underwriting Agreement”) with BofA Securities, Inc., J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC, as representatives of the underwriters named therein and an Indenture dated as of June 29, 2020 (the “Base Indenture”), between Intuit and U.S. Bank Trust Company, National Association, as trustee, together with the First Supplemental Indenture, dated September 15, 2023 (the “Supplemental Indenture” and, together with the Base Indenture, the “Indenture”). The Notes were issued and sold under Intuit’s effective shelf registration statement on Form S-3 (Registration No. 333-274330) filed with the Securities and Exchange Commission on September 1, 2023 (the “Registration Statement”), a related preliminary prospectus supplement dated September 12, 2023, and a final prospectus supplement dated September 12, 2023.
Issuer evidence: On September 15, 2023, Intuit Inc. (“Intuit”) completed its issuance and sale of $750.0 million aggregate principal amount of its 5.250% Senior Notes due 2026 (the “2026 Notes”), $750.0 million aggregate principal amount of its 5.125% Senior Notes due 2028 (the “2028 Notes”), $1.25 billion aggregate principal amount of its 5.200% Senior Notes due 2033 (the “2033 Notes”) and $1.25 billion aggregate principal amount of its 5.500% Senior Notes due 2053 (the “2053 Notes” and together with the 2026 Notes, the 2028 Notes and the 2033 Notes, the “Notes”) pursuant to an Underwriting Agreement (the “Underwriting Agreement”) with BofA Securities, Inc., J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC, as representatives of the underwriters named therein and an Indenture dated as of June 29, 2020 (the “Base Indenture”), between Intuit and U.S. Bank Trust Company, National Association, as trustee, together with the First Supplemental Indenture, dated September 15, 2023 (the “Supplemental Indenture” and, together with the Base Indenture, the “Indenture”). The Notes were issued and sold under Intuit’s effective shelf registration statement on Form S-3 (Registration No. 333-274330) filed with the Securities and Exchange Commission on September 1, 2023 (the “Registration Statement”), a related preliminary prospectus supplement dated September 12, 2023, and a final prospectus supplement dated September 12, 2023.
Supporting evidence: The 2026 Notes will mature on September 15, 2026, the 2028 Notes will mature on September 15, 2028, the 2033 Notes will mature on September 15, 2033 and the 2053 Notes will mature on September 15, 2053.
Supporting evidence: On September 15, 2023, Intuit Inc. (“Intuit”) completed its issuance and sale of $750.0 million aggregate principal amount of its 5.250% Senior Notes due 2026 (the “2026 Notes”), $750.0 million aggregate principal amount of its 5.125% Senior Notes due 2028 (the “2028 Notes”), $1.25 billion aggregate principal amount of its 5.200% Senior Notes due 2033 (the “2033 Notes”) and $1.25 billion aggregate principal amount of its 5.500% Senior Notes due 2053 (the “2053 Notes” and together with the 2026 Notes, the 2028 Notes and the 2033 Notes, the “Notes”) pursuant to an Underwriting Agreement (the “Underwriting Agreement”) with BofA Securities, Inc., J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC, as representatives of the underwriters named therein and an Indenture dated as of June 29, 2020 (the “Base Indenture”), between Intuit and U.S. Bank Trust Company, National Association, as trustee, together with the First Supplemental Indenture, dated September 15, 2023 (the “Supplemental Indenture” and, together with the Base Indenture, the “Indenture”). The Notes were issued and sold under Intuit’s effective shelf registration statement on Form S-3 (Registration No. 333-274330) filed with the Securities and Exchange Commission on September 1, 2023 (the “Registration Statement”), a related preliminary prospectus supplement dated September 12, 2023, and a final prospectus supplement dated September 12, 2023.
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Issuance
· 2023-09-15
Original principal USD 1,250,000,000 Exact source document
Parent 8-K filing · 2023-09-15
B. Pursuant to a Resolution of the Board of Directors (and by an officer duly authorized by such Resolution), the Issuer has authorized the issuance of $750,000,000 principal amount of 5.250% Senior Notes due 2026 (the “**2026 Notes**”), $750,000,000 principal amount of 5.125% Senior Notes due 2028 (the “**2028 Notes**”), $1,250,000,000 principal amount of 5.200% Senior Notes due 2033 (the “**2033 Notes**”) and $1,250,000,000 principal amount of 5.500% Senior Notes due 2053 (the “**2053 Notes**” and, together with the 2026 Notes, 2028 Notes and 2033 Notes, the “**Notes**”).
Issuer evidence: THIS FIRST SUPPLEMENTAL INDENTURE (the “**First Supplemental Indenture**”) is dated as of September 15, 2023 between INTUIT INC., a Delaware corporation (the “**Issuer**”), and U.S. Bank Trust Company, National Association, a national banking association, as successor in interest to U.S. Bank National Association, as trustee (the “**Trustee**”).
Supporting evidence: (3) The entire Outstanding principal of the 2026 Notes, 2028 Notes, 2033 Notes and 2053 Notes shall be payable on September 15, 2026, on September 15, 2028, on September 15, 2033 and on September 15, 2053, respectively.
Supporting evidence: (4) The rate at which the Notes shall bear interest shall be 5.250% per year for the 2026 Notes, 5.125% per year for the 2028 Notes, 5.200% per year for the 2033 Notes and 5.500% per year for the 2053 Notes. The date from which interest shall accrue on the Notes shall be the most recent Interest Payment Date to which interest has been paid or provided for or, if no interest has been paid, from September 15, 2023. The Interest Payment Dates for the Notes shall be March 15 and September 15 of each year, beginning March 15, 2024. Interest shall be payable on each Interest Payment Date to the holders of record at the close of business on the March 1 and September 1, whether or not a business day, prior to each Interest Payment Date (a “**regular record date**”). The basis upon which interest shall be calculated shall be that of a 360-day year consisting of twelve 30-day months.
Supporting evidence: B. Pursuant to a Resolution of the Board of Directors (and by an officer duly authorized by such Resolution), the Issuer has authorized the issuance of $750,000,000 principal amount of 5.250% Senior Notes due 2026 (the “**2026 Notes**”), $750,000,000 principal amount of 5.125% Senior Notes due 2028 (the “**2028 Notes**”), $1,250,000,000 principal amount of 5.200% Senior Notes due 2033 (the “**2033 Notes**”) and $1,250,000,000 principal amount of 5.500% Senior Notes due 2053 (the “**2053 Notes**” and, together with the 2026 Notes, 2028 Notes and 2033 Notes, the “**Notes**”).
Supporting evidence: B. Pursuant to a Resolution of the Board of Directors (and by an officer duly authorized by such Resolution), the Issuer has authorized the issuance of $750,000,000 principal amount of 5.250% Senior Notes due 2026 (the “**2026 Notes**”), $750,000,000 principal amount of 5.125% Senior Notes due 2028 (the “**2028 Notes**”), $1,250,000,000 principal amount of 5.200% Senior Notes due 2033 (the “**2033 Notes**”) and $1,250,000,000 principal amount of 5.500% Senior Notes due 2053 (the “**2053 Notes**” and, together with the 2026 Notes, 2028 Notes and 2033 Notes, the “**Notes**”).