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Qualcomm logoQualcomm QCOM

The company executed an Officers' Certificate on May 21, 2025 in connection with the sale of $500,000,000 aggregate principal amount of 4.500% Notes due 2030, $400,000,000 of 4.750% Notes due 2032 and $600,000,000 of 5.000% Notes due 2035.

8-KEntry into a Material Definitive AgreementFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company executed an Officers' Certificate on May 21, 2025 in connection with the sale of $500,000,000 aggregate principal amount of 4.500% Notes due 2030, $400,000,000 of 4.750% Notes due 2032 and $600,000,000 of 5.000% Notes due 2035.

  2. The company said the 2030 Notes mature on May 20, 2030, the 2032 Notes mature on May 20, 2032 and the 2035 Notes mature on May 20, 2035, unless earlier repurchased or redeemed. It said the Notes are senior unsecured obligations that rank equally with its other senior debt.

  3. Qualcomm said interest on the Notes is payable semiannually on May 20 and November 20 of each year, with the first payment due on November 20, 2025. It also said it may redeem some or all of the notes of each series at the applicable redemption price described in the relevant form of Note.

  4. The company said it entered into an underwriting agreement with J.P. Morgan Securities LLC and others on May 19, 2025 to issue and sell the Notes in a registered public offering under its Form S-3 shelf registration. The company also said that if an event of default other than bankruptcy or insolvency occurs and continues, the trustee or holders of at least 25% of the aggregate principal amount of outstanding Notes may declare the amounts due accelerated.

Summary

AI-written

Analysis 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.

Issues Three Series of Senior Unsecured Notes

The company executed an Officers' Certificate on May 21, 2025 in connection with the sale of $500,000,000 aggregate principal amount of 4.500% Notes due 2030, $400,000,000 of 4.750% Notes due 2032 and $600,000,000 of 5.000% Notes due 2035.

Source · Based on the filing body and exhibits

Maturity Dates and Senior Unsecured Status

The company said the 2030 Notes mature on May 20, 2030, the 2032 Notes mature on May 20, 2032 and the 2035 Notes mature on May 20, 2035, unless earlier repurchased or redeemed. It said the Notes are senior unsecured obligations that rank equally with its other senior debt.

Source · Based on the filing body and exhibits

Interest Payment Schedule and Optional Redemption

Qualcomm said interest on the Notes is payable semiannually on May 20 and November 20 of each year, with the first payment due on November 20, 2025. It also said it may redeem some or all of the notes of each series at the applicable redemption price described in the relevant form of Note.

Source · Based on the filing body and exhibits

Underwriting Agreement and Default Provisions

The company said it entered into an underwriting agreement with J.P. Morgan Securities LLC and others on May 19, 2025 to issue and sell the Notes in a registered public offering under its Form S-3 shelf registration. The company also said that if an event of default other than bankruptcy or insolvency occurs and continues, the trustee or holders of at least 25% of the aggregate principal amount of outstanding Notes may declare the amounts due accelerated.

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.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.