Workday prices $2.5B senior notes offering (WDAY:NASDAQ)

Workday priced a $2.5B senior notes offering, including $750M due 2029 at 5.700%, $500M due 2031 at 6.000%, $750M due 2033 at 6.300%, and $500M due 2036 at 6.500%. The offering is expected to close on October 23, 2026, according to a filing.

Workday Inc. (WDAY) priced a $2.5B senior notes offering in four tranches, due between 2029 and 2036. Proceeds will repay $1B of 2027 notes and fund general corporate purposes. The offering is expected to close on October 23, 2026. Joint book-runners include Morgan Stanley, BofA Securities, Barclays, and Wells Fargo Securities.

Workday priced $2.5B in senior notes, including $750M due 2029 at 5.700%, $500M due 2031 at 6.000%, $750M due 2033 at 6.300%, and $500M due 2036 at 6.500%. Proceeds will retire $1.0B of 2027 notes and fund general corporate purposes. Closing is expected October 23, 2026.

Workday (WDAY) priced a $2.5B senior notes offering, with notes maturing between 2029 and 2036. Proceeds will redeem $1B of existing notes due in 2027 and fund general corporate purposes. The offering is expected to close on October 23, 2026, subject to conditions. Joint book-running managers include Morgan Stanley, BofA Securities, Barclays, and Wells Fargo Securities.

Workday priced a $2.5 billion bond offering, planning to use proceeds to pay off $1 billion in debt due in 2027. Morgan Stanley, BofA Securities, Barclays, and Wells Fargo Securities are joint book-running managers. The offering is under a shelf registration statement on Form S-3 filed with the SEC.

Workday (WDAY) agreed to acquire C1.ai to bolster its AI-driven enterprise offerings, enhancing identity governance and access permissions for AI agents. The deal, expected to close in Q4 2027, aims to automate access management and reduce administrative workloads. Workday's 11,500+ customers present growth potential, though integration costs and competition pose challenges.