trending Market Intelligence /marketintelligence/en/news-insights/trending/9_Z-jnxbb_60RpBUT1GMwA2 content esgSubNav
Discover more about S&P Global’s offerings
In This List

3M grosses $844.8 million from debt offering
Podcast

Street Talk | Episode 116: Early remediation, not Basel III endgame, the answer to avoid repeat of spring 2023 bank failures

Blog

Gauging the Impact of Rate Changes, Growth, and Foreign Fluctuations on the US Economy

Blog

The Rising Importance of Sustainability in Credit Risk

Podcast

Next in Tech | Episode 134: Observability and new operational models


3M grosses $844.8 million from debt offering

3M Co. raised gross proceeds of $844.8 million from an offering of 2.875% senior unsecured notes due Oct. 15, 2027.

The company plans to use the proceeds for general corporate purposes or working capital, redemption or repayment of debt securities, and acquisitions or investments.

Barclays Capital Inc., J.P. Morgan Securities LLC, Merrill Lynch Pierce Fenner & Smith Inc., Morgan Stanley & Co. LLC and Wells Fargo Securities LLC were the lead underwriters.

Academy Securities Inc., CL King & Associates Inc., Samuel A. Ramirez & Co. Inc. and Williams Capital Group LP also served as underwriters for the offering.