INTU 8-K: Smart Summary

On June 11, 2026, Intuit Inc. issued two series of Senior Notes totaling $1.8B in aggregate principal amount, with net proceeds of approximately $1.7B intended for general corporate purposes, which may include refinancing of existing senior notes due 2026 and 2027.

• 2031 Notes: $750,000,000 aggregate principal amount of 4.950% Senior Notes due June 15, 2031 (CUSIP: 46124H AK2; ISIN: US46124HAK23)
• 2036 Notes: $1,000,000,000 aggregate principal amount of 5.500% Senior Notes due June 15, 2036 (CUSIP: 46124H AL0; ISIN: US46124HAL06)
• Net proceeds approximately $1.7B after deducting underwriting discount and estimated offering expenses
• Interest payable semi-annually on June 15 and December 15 each year, commencing December 15, 2026; record dates are June 1 and December 1
• Notes are general unsecured and unsubordinated obligations; not convertible into common stock; no sinking fund
• Optional redemption prior to Par Call Date (May 15, 2031 for 2031 Notes; March 15, 2036 for 2036 Notes) at Treasury Rate plus 15 basis points or 100% of principal, whichever is greater; on or after Par Call Date at 100% of principal plus accrued interest
• Intended use of proceeds may include refinancing of $750M 5.250% Senior Notes due 2026 and $500M 1.350% Senior Notes due 2027
• Underwriting agreement dated June 8, 2026 with BofA Securities, Inc., J.P. Morgan Securities LLC, and Scotia Capital (USA) Inc. as representatives; trustee is U.S. Bank Trust Company, National Association