Four dates inside one filing: Meta $25 billion of notes and the earliest event reported

1Breaking a four-day gap into its parts

The previous article had event and filing on the same day. Here four days separate them — but they are not four days of waiting. Different things happened on different days inside a single transaction.

2The dates in order

1. 130 April 2026The underwriting agreement is signed; the prospectus supplement carries the same date
2. 21 May 2026The prospectus supplement is filed with the SEC
3. 34 May 2026The offering closes; the fifth supplemental indenture carries this date
4. 44 May 2026The Form 8-K is filed

The box takes the earliest of these, 30 April. That is what the field is defined to hold; it is not a sign that the filing came late. The more days a transaction spans, the wider the gap between the box and the filing date grows on its own.

3What was issued

Six series of senior notes were issued for $25 billion in total: $3.0 billion of 4.550% notes due 2031, $2.0 billion of 4.875% notes due 2033, $6.0 billion of 5.250% notes due 2036, $4.0 billion of 6.200% notes due 2046, $6.0 billion of 6.300% notes due 2056 and $4.0 billion of 6.450% notes due 2066.

The offering was made off a shelf registration on Form S-3, under a base indenture dated 9 August 2022 as supplemented by a fifth supplemental indenture. For the structuring side of such an offering, another issue split into ten tranches makes a useful comparison.

The next article takes up the widest gap among the Forms 8-K here, at ten days.