MA · 10-Q · 2026Q3 · Full report

Outstanding Indebtedness

Mastercard Inc · 2026-10-29 · Importance 79 · Surprise 66 · From source text

Total debt outstanding increased to $23.9 billion at September 30, 2026 from $19.0 billion at December 31, 2025. Mastercard issued $5.0 billion principal amount of notes in June 2026 and received $4.978 billion in net proceeds after discounts and offering expenses. Of total debt outstanding at September 30, 2026, $1.7 billion was payable within 12 months. The company had no commercial paper or revolving credit facility borrowings at September 30, 2026.

Key facts

• Mastercard’s Commercial Paper Program authorizes up to $8 billion in outstanding notes with maturities up to 397 days from issuance. source
• Mastercard’s committed unsecured $8 billion revolving credit facility expires in November 2030. source
• Mastercard may use up to $8 billion of combined Commercial Paper Program and Credit Facility borrowings for general corporate liquidity, including customer settlement failures, and for business continuity. source
• Mastercard’s total debt outstanding was $23.9 billion at September 30, 2026, compared with $19.0 billion at December 31, 2025. source
• Mastercard completed a June 2026 debt offering for an aggregate principal amount of $5.0 billion. source
• Mastercard issued $5.000 billion principal amount of notes in June 2026 and received net proceeds of $4.978 billion after discounts and offering expenses. source
• Of Mastercard’s total debt outstanding at September 30, 2026, $1.7 billion was payable within 12 months. source
• Mastercard had no borrowings under its Commercial Paper Program or Credit Facility at September 30, 2026 or December 31, 2025. source

Impact estimates