8-KItem 1.01 · Material AgreementItem 2.03 · Financial ObligationItem 9.01 · Financial Statements
Workday Completes $2.5 Billion Senior Notes Offering
Filed with the SEC on · Summarized by InvestorsBot
Workday completed a $2.5 billion underwritten public offering of senior unsecured notes through Morgan Stanley, BofA Securities, Barclays Capital, and Wells Fargo Securities, comprising notes due 2029, 2031, 2033, and 2036 with fixed interest rates ranging from 5.700% to 6.500%. Workday expects approximately $2.47 billion in net proceeds, which it plans to use to retire its $1.0 billion of 3.500% notes due April 2027 and for general corporate purposes, increasing its long-term debt obligations.