debt
confidence high
sentiment neutral
materiality 0.60
Boston Scientific subsidiary prices €1.5B senior notes to refinance 2025 maturity
BOSTON SCIENTIFIC CORP
- AMS Europe issued €850M 3.000% notes due 2031 and €650M 3.250% notes due 2034.
- Net proceeds of approximately €1.487B after underwriting discount and expenses.
- Proceeds will fund repayment of AMS Europe's 0.750% notes due March 8, 2025.
- Remaining proceeds for general corporate purposes including acquisitions.
- Notes are fully and unconditionally guaranteed by Boston Scientific.