Loan & DebtJun 26, 2026, 04:17 PM
SpaceX Issues $25B in Senior Unsecured Notes
AI Summary
Space Exploration Technologies Corp. (SpaceX) completed an offering of senior unsecured notes totaling $25 billion. The offering included five series of notes with maturities ranging from 2031 to 2056 and interest rates between 5.350% and 6.650%. Interest will be paid semi-annually, commencing January 15, 2027. The company also entered into a registration rights agreement to facilitate an exchange offer for the notes.
Key Highlights
- Issued $25 billion aggregate principal amount of senior unsecured notes.
- Included $7.0 billion of 5.350% Senior Notes due 2031.
- Included $6.0 billion of 5.650% Senior Notes due 2033.
- Included $6.0 billion of 5.875% Senior Notes due 2036.
- Included $2.5 billion of 6.600% Senior Notes due 2046.
- Included $3.5 billion of 6.650% Senior Notes due 2056.
- Interest on notes payable semi-annually on January 15 and July 15, starting January 15, 2027.
- Company entered into a registration rights agreement for exchange offer.
Price Impact
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