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Breakingstocks

Intuit Raises $1.75 Billion in Debt Offering to Refinance Existing Obligations

First Detected: Jun 11, 2026, 11:39 PM

Last Update: about 2 hours ago

6 articles·3 stories

Event Summary

Intuit raised $1.75 billion through a senior unsecured notes offering to refinance its existing debt obligations. While Deutsche Bank increased its stake in the company by 19.2%, Man Group plc reduced its position by 14.4% during the fourth quarter. Additionally, Goldman Sachs downgraded Intuit's stock to 'Sell' due to concerns regarding the potential impact of AI on TurboTax revenue.

Timeline

Man Group Rebalances Portfolio with Major Trims in Monster Beverage and Intuit

Jun 18, 2026, 3:40 PMImpact: 4

Deutsche Bank Boosts Intuit Stake to $1.06 Billion Amid Institutional Buying

Jun 13, 2026, 2:51 AMImpact: 4

Intuit Raises $1.75 Billion in Debt Offering to Refinance Existing Obligations

Jun 11, 2026, 11:39 PMImpact: 4

Intuit Raises $1.75 Billion in Debt Offering to Refinance Existing Obligations

Event Summary

Timeline

Price Impact