Autodesk sets $2.0B commercial paper program

Autodesk, Inc. has established an unsecured commercial paper program that permits issuance of short-term notes with maturities of up to 365 days.

Rhea-AI Filing Summary

Autodesk, Inc. has established an unsecured commercial paper program that permits issuance of short-term notes with maturities of up to 365 days. The maximum aggregate face or principal amount of notes outstanding at any time is capped at $2.0 billion, and borrowings may be repaid and re‑borrowed.

The notes will rank at least equal in right of payment with Autodesk’s other unsecured, unsubordinated debt and are backstopped by available capacity under an existing unsecured revolving credit facility with $2.0 billion of aggregate commitments. Autodesk expects to use proceeds for general corporate purposes, including partially financing the previously announced acquisition of MaintainX Inc. As of the report date, no notes have been issued under the program.

Filing Explained

Autodesk added up to $2.0 billion of short-term borrowing capacity, but issued no Notes and disclosed no current share dilution.

A Form 8-K reports a specified material event, and this July 13, 2026 filing reports that Autodesk established an unsecured commercial paper program.

The program permits Autodesk to issue Notes with maturities of no more than 365 days and up to $2.0 billion outstanding at one time. As of the filing date, no Notes had been issued, so the filing establishes borrowing capacity rather than reporting a current borrowing or proceeds receipt under the program.

Autodesk expects any Note proceeds to support general corporate purposes, including partially financing the previously announced MaintainX merger transactions. The Notes would rank at least equally in payment with Autodesk's other unsecured, unsubordinated indebtedness, and the program is backstopped by available capacity under an existing revolving credit facility with $2.0 billion of aggregate commitments.

Because no Notes were issued and the filing discloses no equity issuance, it does not report a current increase in share count or dilution for existing common holders. The July 13 filing leaves the actual issuance of Notes and the use of proceeds unresolved, while separately warning that the MaintainX transaction's closing conditions may not be satisfied.

8-K Event Classification

Item 8.01 — Other Events

1 item

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Key Figures

Commercial Paper Capacity: $2.0 billion Note Maturity Limit: 365 days Revolving Credit Facility Commitments: $2.0 billion +1 more

4 metrics

Commercial Paper Capacity $2.0 billion Maximum aggregate face or principal amount of notes outstanding at any one time

Note Maturity Limit 365 days Maximum maturity of unsecured commercial paper notes from the date of issue

Revolving Credit Facility Commitments $2.0 billion Aggregate commitments under existing unsecured revolving credit facility backstopping the program

Merger Agreement Date May 28, 2026 Date of Agreement and Plan of Merger related to the MaintainX Inc. transaction

Key Terms

Commercial Paper Program, unsecured commercial paper notes, unsecured revolving credit facility, Agreement and Plan of Merger, +1 more

5 terms

Commercial Paper Program financial

"established an unsecured commercial paper program (the “Commercial Paper Program”)"

A commercial paper program is a formal way a company issues very short-term IOUs to raise quick cash, typically for days to months, without using a bank loan. Investors care because it shows how the company manages short-term funding and how trustworthy it appears—like watching whether someone keeps using and repaying a credit card; frequent use or higher costs can signal cash strain, while smooth issuance suggests healthy liquidity.

unsecured commercial paper notes financial

"may issue, from time to time, unsecured commercial paper notes with varying maturities"

unsecured revolving credit facility financial

"backstopped by available capacity under the Company’s existing unsecured revolving credit facility"

A revolving credit facility is a line of borrowing that a company can draw from, repay, and draw again up to a set limit; “unsecured” means the loans are not backed by specific assets as collateral. Investors care because it acts like a corporate credit card—giving short‑term cash flexibility to cover operations or unexpected needs—while signaling lenders’ confidence and affecting interest costs, default risk, and the company’s financial stability.

Agreement and Plan of Merger regulatory

"transactions contemplated by the previously announced Agreement and Plan of Merger"

An Agreement and Plan of Merger is a formal document where two companies agree to combine into one, outlining how the process will happen. It’s like a step-by-step plan for merging, and it matters because it shows both sides have agreed on the details before the official transition takes place.

forward-looking statements regulatory

"contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What commercial paper program did Autodesk (ADSK) establish?

Autodesk established an unsecured commercial paper program allowing issuance of short‑term notes with maturities up to 365 days and a maximum of $2.0 billion outstanding at any time, with the ability to borrow, repay, and re‑borrow.

What is the size of Autodesk’s (ADSK) new commercial paper capacity?

The commercial paper program permits up to $2.0 billion in aggregate face or principal amount of notes outstanding at any one time. Amounts can be drawn, repaid, and re‑borrowed within this overall limit.

How will Autodesk (ADSK) use proceeds from the commercial paper notes?

Autodesk expects to use proceeds for general corporate purposes, including to partially finance the transactions under its Agreement and Plan of Merger involving MaintainX Inc., as well as other corporate funding needs.

Has Autodesk (ADSK) issued any notes under the new commercial paper program?

As of the date referenced in the report, Autodesk has not issued any notes under the commercial paper program. The disclosure describes the framework and intended uses but reports no outstanding issuances yet.

How is Autodesk’s (ADSK) commercial paper program supported by existing credit facilities?

The commercial paper program is backstopped by Autodesk’s existing unsecured revolving credit facility, which has $2.0 billion in aggregate commitments, providing liquidity support for potential note issuances.

What are the key terms of Autodesk’s (ADSK) commercial paper notes?

The notes are unsecured, have maturities not exceeding 365 days, and will be sold on terms customary for the U.S. commercial paper market. They rank at least equal in right of payment with Autodesk’s other unsecured, unsubordinated debt.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/13/2026 - 04:13 PM EDT Learn about SEC filing dates

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)

July 13, 2026

Autodesk, Inc.

(Exact name of registrant as specified in its charter)

Delaware		000-14338		94-2819853
(State or other jurisdiction		(Commission File Number)		(IRS Employer
of incorporation)				Identification No.)

One Market Street, Ste. 400
San Francisco, California		94105
(Address of principal executive offices)		(Zip Code)

(415) 507-5000

(Registrant’s telephone number, including area code)

Not applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, par value $0.01 per share		ADSK		The Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01 Other Events.

Commercial Paper Program

On July 13, 2026, Autodesk, Inc., a Delaware corporation (the “Company”), established an unsecured commercial paper program (the “Commercial Paper Program”).

Under the terms of the Commercial Paper Program, the Company may issue, from time to time, unsecured commercial paper notes with varying maturities not in excess of 365 days from the date of issue (the “Notes”). Amounts available under the Commercial Paper Program may be borrowed, repaid and re-borrowed from time to time, with the maximum aggregate face or principal amount of Notes outstanding at any one time not exceeding $2.0 billion. The Notes will be sold on terms that are customary for the United States commercial paper market and will be at least equal in right of payment with all of the Company’s other unsecured and unsubordinated indebtedness. The Company expects to use the proceeds of the Notes for general corporate purposes, including to partially finance the transactions (the “Transactions”) contemplated by the previously announced Agreement and Plan of Merger, dated as of May 28, 2026, among the Company, Matterhorn Acquisition Corp., a Delaware corporation and a wholly-owned subsidiary of the Company, MaintainX Inc., a Delaware corporation, and Shareholder Representative Services LLC, a Colorado limited liability company, solely in its capacity as the securityholders’ agent. As of the date of this Current Report on Form 8-K, the Company has not issued any Notes. The Commercial Paper Program is backstopped by available capacity under the Company’s existing unsecured revolving credit facility with aggregate commitments of $2.0 billion (the “Credit Facility”).

The Notes to be offered under the Commercial Paper Program have not been and will not be registered under the Securities Act of 1933, as amended, or state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. The information contained in this Current Report on Form 8-K shall not constitute an offer to sell or the solicitation of an offer to buy the Notes under the Commercial Paper Program, nor shall there be any sale of the Notes in any jurisdiction in which such offer, solicitation or sale would be unlawful.

Caution Regarding Forward-Looking Statements

This Current Report on Form 8-K contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, that are based upon current expectations or beliefs, as well as assumptions about future events. Forward-looking statements include all statements that are not historical facts and can generally be identified by terms such as “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potentially,” or “will” or similar expressions and the negatives of those terms. These statements include, but are not limited to, statements regarding the Commercial Paper Program, the issuance and sale of the Notes thereunder, the expected use of proceeds from any such sales, including to partially finance the Transactions, as well as all statements that are not historical facts. Actual results could differ materially from those expressed in or implied by the forward-looking statements due to a number of risks and uncertainties, including: the possibility that the conditions to the closing of the Transactions may not be satisfied or waived on the anticipated schedule or at all or that other events may cause the Transactions to not be completed; risks related to the availability, timing and costs of financing the Transactions, including through the Commercial Paper Program; general economic conditions; and the risks and uncertainties described in the Company’s SEC reports, including under the heading “Risk Factors” in its most recent annual report on Form 10-K and quarterly reports on Form 10-Q, which are available at www.sec.gov. The forward-looking statements contained herein speak only as of the date of this report. Except as required by law, the Company does not undertake any obligation to update or revise its forward-looking statements to reflect events or circumstances after the date of this report.

1

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	AUTODESK, INC.
	By:	/s/ Janesh Moorjani
		Janesh Moorjani
		Executive Vice President and Chief Financial Officer
		(Principal Financial Officer and Principal Accounting Officer)
Date: July 13, 2026

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