Tuesday, June 25, 2019

Medtronic prices €5B debt offering

Medtronic (NYSE:MDT) has priced its offering euro-denominated senior notes.
€250,000,000 principal amount of floating rate senior notes due 2021.
€750,000,000 principal amount of 0.00% senior notes due 2022.
€1,000,000,000 principal amount of 0.25% senior notes due 2025.
€1,000,000,000 principal amount of 1.00% senior notes due 2031.
€1,000,000,000 principal amount of 1.50% senior notes due 2039.
€1,000,000,000 principal amount of 1.75% senior notes due 2049.
Net proceeds will be used to rollover existing debt.

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