AI English summary of an SEC filing — figures as filed
Mastercard MAThe company said it completed the issuance of February 27, 2025 Floating Rate Notes due 2028, 4.550% Notes due 2028 and 4.950% Notes due 2032.
Key points
AI summaryThe company said it completed the issuance of February 27, 2025 Floating Rate Notes due 2028, 4.550% Notes due 2028 and 4.950% Notes due 2032.
The company disclosed that it issued Floating Rate Notes due 2028 with a principal amount of $300,000,000, 4.550% Notes due 2028 with a principal amount of $450,000,000, and 4.950% Notes due 2032 with a principal amount of $500,000,000.
Mastercard said it conducted the offering under Form S-3 registration statement (File No. 333-277032), which covers an indeterminate amount of debt securities to be offered and sold on a delayed basis from time to time. It said further details are in the Prospectus Supplement dated February 18, 2025, which was filed with the SEC on February 20, 2025.
The company said it entered into an Underwriting Agreement on February 18, 2025 with representatives including Deutsche Bank Securities Inc. and Citigroup Global Markets Inc. It said the notes were issued under an Indenture dated March 31, 2014, with Deutsche Bank Trust Company Americas as trustee, and an officer's certificate dated February 27, 2025.
Summary
AI-writtenAnalysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Mastercard Completes Issuance of Three Series of Notes on February 27, 2025
The company said it completed the issuance of February 27, 2025 Floating Rate Notes due 2028, 4.550% Notes due 2028 and 4.950% Notes due 2032.
Source · Based on the filing body and exhibits
Principal Amounts by Note Series: $300,000,000, $450,000,000 and $500,000,000
The company disclosed that it issued Floating Rate Notes due 2028 with a principal amount of $300,000,000, 4.550% Notes due 2028 with a principal amount of $450,000,000, and 4.950% Notes due 2032 with a principal amount of $500,000,000.
Source · Based on the filing body and exhibits
Issuance Under Form S-3 Registration Statement
Mastercard said it conducted the offering under Form S-3 registration statement (File No. 333-277032), which covers an indeterminate amount of debt securities to be offered and sold on a delayed basis from time to time. It said further details are in the Prospectus Supplement dated February 18, 2025, which was filed with the SEC on February 20, 2025.
Source · Based on the filing body and exhibits
Underwriting Agreement and Indenture Structure
The company said it entered into an Underwriting Agreement on February 18, 2025 with representatives including Deutsche Bank Securities Inc. and Citigroup Global Markets Inc. It said the notes were issued under an Indenture dated March 31, 2014, with Deutsche Bank Trust Company Americas as trustee, and an officer's certificate dated February 27, 2025.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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