International Business Machines Corporation
IBM International Capital Pte. Ltd. Announces Debt Offering with IBM Guarantee
Summary
On January 29, 2024, IBM International Capital Pte. Ltd. (IIC), a finance subsidiary of IBM, entered into an underwriting agreement to sell various debt notes with IBM acting as the guarantor. The offering includes multiple series of notes with different maturities and interest rates. The debt issuance is subject to the terms of an indenture dated February 2, 2024, with The Bank of New York Mellon as trustee. IBM has the right to assume IIC's obligations under the indenture and the offering is expected to close on February 5, 2024, subject to customary conditions.
Profitelligence Alerts
Get alerts for IBM
Be first to know when International Business Machines Corporation files with the SEC.
Filing Categories
Exhibits (11)
Advertisement
About International Business Machines Corporation
International Business Machines Corporation, commonly known as IBM, is a global technology and consulting company primarily known for its enterprise solutions. IBM operates in various segments including cloud computing, artificial intelligence (AI), blockchain, and quantum computing, providing critical infrastructure to businesses and governments worldwide. A pivotal player in the IT services industry, IBM offers software products like Watson, a powerful AI system, and collaborates on large-scale data management and analytics projects. IBM is also heavily involved in the IT consulting sector, helping organizations modernize operations through digital transformation initiatives. Headquartered in Armonk, New York since its founding in 1911, the company has been instrumental in driving advancements in computing technology. IBM's contributions significantly impact sectors ranging from healthcare to finance, making it an integral entity within the tech industry and global economy.
Official SEC Documents
Advertisement