trending Market Intelligence /marketintelligence/en/news-insights/trending/hmqqhf6ts7lwcg2jgglk3a2 content esgSubNav
In This List

Becton Dickinson issues euro and sterling offerings

Blog

Insight Weekly: US inflation soars; real estate faces slowdown; megadeals drive tech M&A

Blog

Commercial Banking: June 22nd Edition

Blog

Understanding Loss Given Default A Review of Three Approaches

Blog

Insight Weekly: Path to net-zero; US manufacturing momentum; China's lithium M&A frenzy


Becton Dickinson issues euro and sterling offerings

Becton Dickinson and Co. entered into underwriting agreements to sell €300 million of its 1.401% notes due 2023 and £250 million of its 3.02% notes due 2025.

The company intends to use the net proceeds from the offerings to redeem all of the outstanding 4.400% notes due 2021 and 3.000% notes due 2026 issued by it and its wholly owned unit C. R. Bard Inc.

Becton Dickinson expects to use any remaining proceeds to repay an aggregate $130 million in principal amount outstanding under its three-year term loan facility.

The company expects the offerings to be completed by May 24.