International Business Machines Corp., commonly known as IBM, was founded in 1911 and is headquartered in Armonk, New York. The company aims to be a leader in the technology sector, providing innovative solutions in areas such as cloud computing, artificial intelligence, and quantum computing. Key products and services include IBM Cloud, IBM Watson, and enterprise software solutions that cater to businesses globally.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
IBM has a long history of bond issuances, with its first corporate bond dating back to 1940. Notable issuances include a $1.5 billion offering in 2020 to strengthen its balance sheet amid the pandemic, reflecting investor confidence in its strategic direction. As of October 2023, IBM's bond yields are competitive within the technology sector, with recent offerings featuring sustainable and green bond elements, highlighting the company's commitment to environmental responsibility.