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Baker Hughes Company Financial Report: Key Insights on Debt & Securities

$BKR
Form 8-K
Filed on: 2025-03-25
Source
Baker Hughes Company Financial Report: Key Insights on Debt & Securities

Here are the key insights extracted from the provided section of the financial report:

  1. Entity Information:
  • Company Name: Baker Hughes Company
  • CIK (Central Index Key): 0001701605
  • Ticker Symbol: BKR
  • Stock Exchange: NASDAQ
  • Address: 575 N. Dairy Ashford Rd., Suite 100, Houston, TX 77079-1121
  • Contact Number: 713-439-8600
  1. Financial Instruments:
  • Type of Security: Class A Common Stock
  • Par Value: $0.0001 per share
  • Debt Security: 5.125% Senior Notes due 2040
  • Obligor Entities: Baker Hughes Holdings LLC and Baker Hughes Co-Obligor, Inc.
  • Debt Security Ticker: BKR40
  1. Filing Type:
  • Filing Date: March 25, 2025
  • Filing Form: 8-K
  1. Reporting Period:
  • Start Date: March 25, 2025
  • End Date: March 25, 2025
  1. Debt Details:
  • Interest Rate: 5.125%
  • Maturity: Due in 2040

Insights:

  • The company is actively reporting on its financial obligations, specifically the Senior Notes, which indicate that it has long-term financing in place with a relatively moderate interest rate.
  • The 8-K filing suggests that there may be significant events or updates regarding the company’s financial situation or operations that warrant disclosure.
  • The presence of a debt obligation (5.125% Senior Notes) indicates a structured approach to financing, which could affect cash flows and profitability moving forward, particularly as the maturity date approaches in 2040.

This summary captures the essential elements of Baker Hughes Company's financial report section, focusing on identifying the company, its securities, and relevant financial data.