Salesforce completes debt offering to fund accelerated share buybacks

Filed March 13, 2026 · Period ending March 13, 2026 · ~1 min read

Key Changes

• high

  Salesforce issued in senior unsecured notes across eight tranches (2-40 year maturities, 4.5%-6.7% rates), significantly increasing leverage and creating ~$1.3B annual interest expense.

  Item 1.01 verify on EDGAR →
• high

  All debt proceeds are being used to repurchase company stock through accelerated share repurchase agreements, representing a major capital allocation shift from equity to debt financing.

  Item 1.01 verify on EDGAR →
• medium

  Interest payments begin September 2026 and occur semi-annually. Salesforce retains optional redemption rights to prepay debt early at specified prices.

  Item 1.01 verify on EDGAR →