Xylem prices $1 billion dual-tranche senior note offering: $500M 7-year at 5.200%, $500M 10-year at 5.450%

Filed May 22, 2026 · ~1 min read

Key Changes

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  Xylem is issuing $1 billion in senior notes split evenly: $500 million 5.200% notes due 2033 and $500 million 5.450% blue notes due 2036, settling May 29, 2026. The 10-year tranche carries a 25 basis point premium over the 7-year.

  The Offering verify on EDGAR →
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  Proceeds will be used for general corporate purposes including debt repayment, share repurchases, dividends, acquisitions, and capital expenditures. Management retains broad discretion; no specific allocation has been determined.

  Use of Proceeds verify on EDGAR →
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  The 2036 blue notes are not contractually required to fund environmental projects; failure to allocate proceeds to Eligible Blue Projects is not an event of default. No legal definition exists for what qualifies as a blue bond.

  Risk Factors verify on EDGAR →