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IBM plans dual-currency offering of senior notes in three tranches
By Rebecca Melvin
Concord, N.H., Feb. 2 – International Business Machines Corp. plans to price a three-part offering of senior notes in dual currencies, according to 424B3 filings with the Securities and Exchange Commission.
The company plans to sell one tranche of dollar-denominated notes and two tranches of euro-denominated notes.
The notes have a make-whole call followed by a par call.
Barclays, BofA Securities Inc., Citigroup Global Markets Inc., HSBC Securities (USA) Inc., Mizuho Securities USA LLC and SMBC Nikko Securities America Inc. are joint bookrunning managers.
Proceeds will be used for general corporate purposes.
The information technology and computer company based in Armonk, N.Y.
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