Becton Dickinson And Company (BDX) has released an update.
Becton, Dickinson and Company (BD) has recently initiated agreements with major financial institutions for the sale of notes worth over a billion dollars in two separate offerings, with proceeds aimed at repaying existing debts maturing in 2024. The offerings consist of $625 million in 4.874% notes due in 2029, $550 million in 5.110% notes due in 2034, and €750 million in 3.519% notes due in 2031. Completion is anticipated around February 8, 2024, with any temporary surplus funds to be used for general corporate purposes.
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For a comprehensive understanding of the announcement, you can read the full document here.
