debt
confidence high
sentiment neutral
materiality 0.50
AbbVie prices $8B multi-tranche senior note offering; net proceeds ~$7.95B
AbbVie Inc.
- Issued $8.0B in senior notes across seven tranches (2028–2066), rates from floating to 5.650%.
- Net proceeds ~$7.95B; $2B to repay outstanding term loan due May 2026; remainder for general corporate purposes.
- Underwriting syndicate led by J.P. Morgan, BofA, Morgan Stanley, Wells Fargo; closing expected March 4, 2026.