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Form 8-K · Current Report · Filed 2024-05-09

Atlassian Corporation Announces $1 Billion Notes Offering

On May 8, 2024, Atlassian Corporation announced its underwritten public offering of $500 million in 5.250% senior notes due 2029 and $500 million in 5.500% senior notes due 2034.

Filer
Atlassian Corp. TEAM · NASDAQ
Filed
Accession
0001104659-24-059414
CIK
0001650372
Signal
Medium impactTechnology

Details

The proceeds will be used to repay its existing credit facility. The notes offering is expected to close on May 15, 2024, subject to customary conditions.

Items reported

Item 1.01

Entry into a Material Definitive Agreement

Financial Instrument Agreement
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$178.52

Next session

+0.7%

Since filing

-43.4%

Latest close

$101.01

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from TEAM reporting the same item, with the next session's move:

Exhibits (1)

About Atlassian Corp.

Atlassian Corp., a leading Australian software company, specializes in developing collaboration and productivity software tools for teams and businesses worldwide. With flagship products including Jira, a project and issue tracking software, and Confluence, a content collaboration platform, Atlassian empowers organizations to streamline processes and enhance team efficiency. The company's solutions serve a broad spectrum of industries, from technology and finance to healthcare and education, addressing the collaborative needs of both small enterprises and global corporations. Atlassian's platforms are integral to agile development, project management, and workflow automation, aiding teams in planning, organizing, and delivering projects effectively. Headquartered in Sydney, Australia, Atlassian has established itself as a pivotal player in the industry by fostering innovation and offering cloud-based and on-premises solutions that cater to evolving business requirements and technology landscapes. The company's strong focus on accessible and scalable software solutions continues to influence how teams function and collaborate across different sectors.

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