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Published on 2/3/2020 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

IBM calls 2.8%, 2.9%, 2.25% notes due 2021 for March 6 redemption

By Wendy Van Sickle

Columbus, Ohio, Feb. 3 – International Business Machines Corp. will redeem three sets of notes at par plus a make-whole premium and accrued interest on March 6, according to an 8-K filing with the Securities and Exchange Commission.

The notes include the $500 million of 2.9% notes due 2021, $1.5 billion of 2.8% notes due 2021 and $900 million of 2.25% notes due 2021.

IBM is a technology products and services provider based in Armonk, N.Y.


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