MA 8-K: Smart Summary

On June 8, 2026, Mastercard Incorporated completed a five-tranche debt offering totaling $5,000,000,000 in aggregate principal amount, consisting of Floating Rate Notes and four series of fixed-rate senior unsecured notes with maturities ranging from 2028 to 2036, issued under the Indenture dated March 31, 2014 with Deutsche Bank Trust Company Americas as trustee.

• Floating Rate Notes due June 8, 2028: $500,000,000 aggregate principal; rate = Compounded SOFR plus 0.390% per annum, reset quarterly; price to public 100.000%; interest paid quarterly commencing September 8, 2026; not redeemable prior to maturity; CUSIP 57636Q BH6
• 4.325% Notes due June 8, 2028: $1,250,000,000 aggregate principal; price to public 99.992%; interest paid semi-annually commencing December 8, 2026; redeemable at Treasury Rate plus 5 basis points or 100% of principal, whichever is greater; CUSIP 57636Q BJ2
• 4.425% Notes due June 8, 2029: $1,150,000,000 aggregate principal; price to public 99.981%; interest paid semi-annually commencing December 8, 2026; redeemable prior to May 8, 2029 (Par Call Date) at Treasury Rate plus 5 basis points or 100% of principal; at or after Par Call Date at 100% of principal; CUSIP 57636Q BK9
• 4.600% Notes due June 8, 2031: $1,350,000,000 aggregate principal; price to public 99.920%; interest paid semi-annually commencing December 8, 2026; redeemable prior to May 8, 2031 (Par Call Date) at Treasury Rate plus 10 basis points or 100% of principal; at or after Par Call Date at 100% of principal; CUSIP 57636Q BL7
• 5.000% Notes due June 8, 2036: $750,000,000 aggregate principal; price to public 99.961%; interest paid semi-annually commencing December 8, 2026; redeemable prior to March 8, 2036 (Par Call Date) at Treasury Rate plus 10 basis points or 100% of principal; at or after Par Call Date at 100% of principal; CUSIP 57636Q BM5
• All Notes rank as senior unsecured obligations, equal in right of payment with all other senior unsecured and unsubordinated debt of Mastercard; no sinking fund; no conversion rights; denominations of $2,000 and integral multiples of $1,000 in excess thereof
• Offering made pursuant to Registration Statement on Form S-3 (File No. 333-277032); Prospectus Supplement dated June 4, 2026 filed June 5, 2026; Underwriting Agreement dated June 4, 2026 with J.P. Morgan Securities LLC, Barclays Capital Inc., Credit Agricole Securities (USA) Inc., Goldman Sachs & Co. LLC, NatWest Markets Securities Inc., Santander US Capital Markets LLC, U.S. Bancorp Investments, Inc. and Wells Fargo Securities, LLC as representatives