Summary
Capital One Financial Corporation (COF) filed an 8-K on June 12, 2019, to report the closing of a significant public offering of senior notes. The company successfully issued €750 million of 0.800% Senior Notes due 2024 and €500 million of 1.650% Senior Notes due 2029, totaling €1.25 billion in aggregate principal amount. This debt issuance was facilitated through an underwriting agreement with several prominent financial institutions and was registered under the Securities Act of 1933.
Key Highlights
- 1Capital One closed a public offering of €1.25 billion in senior notes.
- 2The offering included €750 million of 0.800% Senior Notes due 2024.
- 3The offering also included €500 million of 1.650% Senior Notes due 2029.
- 4The notes were issued under a Senior Indenture dated November 1, 1996.
- 5An underwriting agreement was executed on June 5, 2019, with multiple representatives.
- 6A paying agency agreement was entered into with The Bank of New York Mellon, London Branch.
- 7The issuance is part of Capital One's ongoing debt management and capital raising activities.