$BAX (BAXTER INTERNATIONAL) — 8-K: Baxter upsizes debt tender offer cap to $600 million after early tenders

Baxter International Inc. increased the aggregate purchase price cap for its cash tender offers to $600 million from $500 million. As of the early tender time on Aug. 17, 2026, holders validly tendered $421,990,000 of 3.132% Senior Notes due 2051, $132,199,000 of 3.500% Senior Notes due 2046, $72,744,000 of 4.500% Senior Notes due 2043, and $756,712,000 of 2.539% Senior Notes due 2032. Accepted notes will be purchased using a waterfall methodology based on acceptance priority levels, with an early tender premium of $30 per $1,000 principal amount included in the total consideration.

Baxter International Inc. increased the aggregate purchase price cap for its cash tender offers to $600 million from $500 million. As of the early tender time on Aug. 17, 2026, holders validly tendered $421,990,000 of 3.132% Senior Notes due 2051, $132,199,000 of 3.500% Senior Notes due 2046, $72,744,000 of 4.500% Senior Notes due 2043, and $756,712,000 of 2.539% Senior Notes due 2032. Accepted notes will be purchased using a waterfall methodology based on acceptance priority levels, with an early tender premium of $30 per $1,000 principal amount included in the total consideration.