International Business Machines Corporation 2.95% 15-MAY-2050International Business Machines Corporation 2.95% 15-MAY-2050International Business Machines Corporation 2.95% 15-MAY-2050

International Business Machines Corporation 2.95% 15-MAY-2050

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Key terms


Outstanding amount
‪750.00 M‬USD
Face value
1,000.00USD
Minimum denomination
100,000.00USD
Coupon
2.95% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
5.26%
Maturity date
May 15, 2050
Term to maturity
25 years

About International Business Machines Corporation 2.95% 15-MAY-2050


Sector
Technology Services
Industry
Packaged Software
Home page
Issue date
May 7, 2020
FIGI
BBG00TL9X186
International Business Machines Corp. is an information technology company, which engages in the provision of integrated solutions that leverage information technology and knowledge of business processes. It operates through the following segments: Software, Consulting, Infrastructure, Financing, and Other. The Software segment combines hybrid cloud platform and software solutions to help clients become more data-driven, and to automate, secure, and modernize their environments. The Consulting segment focuses on integrating skills on strategy, experience, technology and operations by domain and industry. The Infrastructure segment offers solutions for hybrid cloud, and is the foundation of the hybrid cloud stack. Infrastructure is optimized for infusing AI into mission-critical transactions and tightly integrated with IBM Software including Red Hat for accelerated hybrid cloud benefits. The Financing segment refers to the client and commercial financing, facilitating IBM clients’ acquisition of IT systems, software, and services. The company was founded by Charles Ranlett Flint and Thomas J. Watson Sr. on June 16, 1911 and is headquartered in Armonk, NY.
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