Xylem Inc. Form 8-K Summary
Reporting date: September 29, 2026. This current report describes the completion of a debt offering; it does not report quarterly or annual operating results.
Financing and key terms
- Xylem completed a public offering of $1.5 billion aggregate principal amount of senior unsecured notes: $500 million of 5.250% notes due September 28, 2029; $500 million of 5.450% notes due January 15, 2032; and $500 million of 5.850% notes due January 15, 2037.
- The notes rank equally with the company’s other unsecured and unsubordinated obligations. Interest is payable semiannually.
- Net proceeds, together with cash on hand, are intended to fund all or part of the purchase price for the previously announced Cornell Pump and Roper Pump businesses, related costs and expenses, and general corporate purposes.
Financial performance and comparison
This filing provides no revenue, profit, cash flow, margin, liquidity, or total-debt figures, and no comparable-period financial results. It therefore does not establish the offering’s net proceeds or its effect on Xylem’s overall debt or liquidity.
Conditions, risks, and other terms
- If the acquisition is not completed by the applicable special mandatory redemption end date, the purchase agreement is terminated by that date, or Xylem notifies the trustee it will not pursue the acquisition, Xylem must redeem all notes at 101% of principal plus accrued and unpaid interest.
- The company may also redeem the notes under specified conditions and prices. The indenture includes customary covenants restricting certain liens, sale-and-leaseback transactions, and mergers or transfers of substantially all assets.
- Following certain changes of control accompanied or followed by rating downgrades, Xylem must offer to repurchase the notes at 101% of principal plus accrued and unpaid interest.
Key facts for investors to verify
- Whether and when the Cornell Pump and Roper Pump acquisition closes, and how the proceeds are ultimately used.
- The applicable acquisition termination date and any resulting special mandatory redemption obligation.
- The full indenture and prospectus terms, including optional redemption provisions and covenant thresholds.
- The effect of the new $1.5 billion of notes on Xylem’s total debt, interest expense, and liquidity; those amounts are not detailed in this filing.