trending Market Intelligence /marketintelligence/en/news-insights/trending/cfSYeMi18xsWA8QTU_GLxw2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Thermo Fisher prices $1.5B senior notes offering

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Video

COVID-19 Impact & Recovery: Healthcare Outlook for H2 2021

Blog

Corporate Credit Risk Trends in Developing Markets: A Loss Given Default (LGD) Perspective

Blog

Corporate Credit Risk Trends in Developing Markets: A Probability of Default Perspective


Thermo Fisher prices $1.5B senior notes offering

Thermo Fisher Scientific Inc. priced a $1.5 billion senior notes offering.

The offering comprises $750 million of 3.200% senior notes due 2027, at an issue price of 99.263% of the principal amount, and $750 million of 4.100% senior notes due 2047, at an issue price of 98.825% of the principal amount.

Issuance of the notes is expected to close Aug. 14, subject to customary closing conditions. Interest will be paid on a semiannual basis.

The company plans to use net proceeds to help fund its acquisition of Patheon NV, including the repayment of Patheon's debt. The transaction is expected to close by the end of the third quarter, subject to customary closing conditions.

Goldman Sachs & Co. LLC, Citigroup Global Markets Inc., J.P. Morgan Securities LLC and Merrill Lynch Pierce Fenner & Smith Inc. are acting as joint book-running managers for the offering.