Space Exploration Technologies launches $25B senior notes across 2031–2056 maturities

Space Exploration Technologies issued $25.0 billion of senior unsecured notes with coupons from 5.350% to 6.650%.Key Highlights:Original SEC Filing: SPACE EXPLORATION TECHNOLOGIES CORP [ SPCX ] - 8-K - Jun. 26, 2026This is an AI-powered summary. It may contain inaccuracies. Consider verifying impor…

Space Exploration Technologies issued $25.0 billion of senior unsecured notes with coupons from 5.350% to 6.650%.

Key Highlights:

Issued $7.0B 2031 (5.350%), $6.0B 2033 (5.650%), $6.0B 2036 (5.875%), $2.5B 2046 (6.600%), $3.5B 2056 (6.650%).
Notes are unsecured, rank equally with other unsubordinated debt, interest semi‑annual starting Jan 15, 2027.
Company may redeem prior to par call using Treasury Rate plus spread; par call spreads 20–30 bps depending on series.
Registration rights granted to underwriters to file exchange offer registration and consummate within 540 days of issue.

Original SEC Filing:

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.