Adobe Inc. (Adobe) has announced the offering of three sets of notes with varying maturity dates and interest rates, as detailed in a preliminary prospectus supplement filed pursuant to Rule 424(b)(5) under the Registration No. 333-262547. The notes, which have not yet been assigned specific interest rates or maturity dates, will be unsecured and unsubordinated, ranking equally with Adobe's other existing and future unsecured and unsubordinated indebtedness. Interest on the notes will be paid semi-annually, with the first payment commencing on a specified date in 2024. Adobe may redeem the notes at any time, subject to certain conditions and prices described under 'Description of the Notes—Optional Redemption.' The notes will be structurally junior to any indebtedness of Adobe's...Show More

Adobe Inc. (Adobe) has announced the offering of three sets of notes with varying maturity dates and interest rates, as detailed in a preliminary prospectus supplement filed pursuant to Rule 424(b)(5) under the Registration No. 333-262547. The notes, which have not yet been assigned specific interest rates or maturity dates, will be unsecured and unsubordinated, ranking equally with Adobe's other existing and future unsecured and unsubordinated indebtedness. Interest on the notes will be paid semi-annually, with the first payment commencing on a specified date in 2024. Adobe may redeem the notes at any time, subject to certain conditions and prices described under 'Description of the Notes—Optional Redemption.' The notes will be structurally junior to any indebtedness of Adobe's subsidiaries, as they will not be guaranteed by any subsidiaries. The offering involves risks, which are detailed in the 'Risk Factors' section of the prospectus supplement and incorporated reports. The notes will be issued in book-entry form only and will not be listed on any securities exchange. The underwriters for the offering are BofA Securities, J.P. Morgan, SOCIETE GENERALE, US Bancorp, and Wells Fargo Securities. The expected delivery date for the notes is on or about a specified date in 2024.