Kyndryl prices USD 1 billion senior notes offering
- Kyndryl priced a USD 1 billion offering of senior notes, split between 2029 and 2032 maturities.
- Deal includes USD 600 million of 7.800% Senior Notes due 2029, issued under the company’s existing shelf registration.
- Also issued USD 400 million of 7.875% Senior Notes due 2032.
- Net proceeds earmarked to repay USD 700 million of 2.05% senior notes due October 2026 at maturity.
- Remaining proceeds, alongside cash on hand, targeted to reduce borrowings under the revolving credit agreement.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kyndryl Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-111380), on September 28, 2026, and is solely responsible for the information contained therein.