Adobe completes $2.0 billion notes sale in three tranches due 2028, 2030 and 2035
Adobe sold $2.0 billion of senior notes in a public offering that closed on January 17, 2025, under an underwriting agreement signed January 14. Net proceeds were approximately $1.99 billion, which Adobe plans to use for general corporate purposes, including possible debt repayment, stock repurchases, capital expenditures and acquisitions.
Key points
- $800 million of 4.750% notes due January 17, 2028, $700 million of 4.950% notes due January 17, 2030, and $500 million of 5.300% notes due January 17, 2035
- Net proceeds of approximately $1.99 billion after underwriting discounts and estimated offering expenses
- Interest is payable semi-annually on January 17 and July 17, beginning July 17, 2025
- Notes were sold under a Form S-3 registration statement and issued under an indenture with Computershare Trust Company, N.A., as trustee
The filing
Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 17, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.