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Boston Scientific prices $1B senior notes offering

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Boston Scientific prices $1B senior notes offering

Boston Scientific Corp. priced a public offering of $1 billion of its 4.000% senior notes due March 1, 2028.

The company plans to use the net proceeds to redeem its 2.650% notes due October 2018, and to repay short-term debt and pay related fees, expenses and premiums.

Boston Scientific expects to receive the net offering proceeds upon closing Feb. 26, subject to customary closing conditions.