AIYahoo Financeabout 3 hours ago
Intuit Raises $1.74B in Senior Notes
1 min read
Intuit raised approximately $1.74 billion from issuing senior notes, including $750 million at 4.950% due 2031 and $1 billion at 5.500% due 2036. Proceeds may refinance existing debt. Goldman Sachs downgraded Intuit to Sell from Neutral, cutting the price target to $276 from $519.
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