debt
confidence high
sentiment neutral
materiality 0.50
Gilead issues $3.5B in senior notes across four tranches with maturities 2029-2064
GILEAD SCIENCES, INC.
- Issued $750M 4.80% Senior Notes due 2029, $1B 5.10% due 2035, $1B 5.50% due 2054, $750M 5.60% due 2064.
- Net proceeds to be used for general corporate purposes, including possible repayment of indebtedness.
- Underwriting agreement with Barclays Capital Inc. and BofA Securities, Inc. dated November 13, 2024.
- Notes sold under existing shelf registration statement; supplemental indenture entered November 20, 2024.