IBM Credit $3 billion 1.625%, 1.8%, 2.2% and floating rate notes issues

Investment grade bond/note issue

$ 3 billion




  • IBM Credit has issued $3 billion in senior notes.
  • The issue consisted of $600 million floating rate notes due 2021, $800 million 1.625% notes due 2019 and $500 million 2.2% notes due 2022.
  • The bond offering was inaugural.
  • IBM Credit is an end-user financing company that also provides funding to IBM for asset acquisitions.
  • The underwriters included Citigroup Global Markets, JP Morgan Securities, Merrill Lynch Pierce Fenner & Smith and Wells Fargo Securities.
  • IBM Credit was represented by in-house counsel.

 Katrin Kostadinova - Data analyst 


United States

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Governing law:

United States

Industry sector:

Financial services


Party: Citigroup Global Markets (Underwriter)

Party: JP Morgan Securities (Underwriter)

Party: Merrill Lynch Pierce Fenner & Smith (Underwriter)

Party: Wells Fargo Securities (Underwriter)

Lawyer: John Meade