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Baker Hughes 8-K Report: Insights on 5.125% Senior Notes Due 2040

$BKR
Form 8-K
Filed on: 2025-07-22
Source
Baker Hughes 8-K Report: Insights on 5.125% Senior Notes Due 2040

Based on the provided section of the financial report, here are the key pieces of information extracted:

  1. Company Information:
  • Entity Name: Baker Hughes Company
  • CIK: 0001701605
  • Address: 575 N. Dairy Ashford Rd., Suite 100, Houston, TX 77079-1121
  • Phone Number: 713-439-8600
  • Stock Ticker: BKR (NASDAQ)
  • Class of Stock: Class A Common Stock, par value $0.0001 per share
  1. Financial Instrument:
  • Debt Instrument: 5.125% Senior Notes
  • Due Date: 2040
  • Obligors: Baker Hughes Holdings LLC and Baker Hughes Co-Obligor, Inc.
  • Identifier for Notes: BKR40 (NASDAQ)
  1. Filing Type:
  • Form: 8-K (a report of unscheduled material events or corporate changes)
  1. Filing Date:
  • Date of Report: July 22, 2025
  1. Debt Structure:
  • The section indicates a type of long-term debt categorized under “LongtermDebtTypeAxis” with specific obligations tied to the Senior Notes due in 2040.

Insights:

  • Baker Hughes has issued long-term debt (Senior Notes) which could indicate a strategy to finance operations, expansion, or refinance existing debt.
  • The 5.125% interest rate on these notes is a critical factor for investors as it reflects the cost of borrowing for the company.
  • The upcoming maturity (2040) suggests that Baker Hughes is planning for long-term capital needs, which might impact its cash flow and investment strategy in the coming years.
  • The filing of an 8-K indicates a significant event, which warrants investor attention, potentially related to changes in financial strategy or capital structure.

Overall, this report section provides essential details regarding Baker Hughes' long-term financing arrangements and pertinent corporate information that stakeholders may find useful for investment decisions.