debt
confidence high
sentiment neutral
materiality 0.60
AbbVie closes $7.75B debt offering across seven tranches (2028-2066)
AbbVie Inc.
- Completed public offering of $750M floating rate notes due 2028 and $7B in fixed rate notes (3.775% to 5.650%) maturing 2028-2066.
- Largest tranches: $1.5B of 3.775% notes due 2028 and $1.5B of 4.750% notes due 2036.
- Longest maturity: $500M of 5.650% senior notes due 2066.
- Notes are unsecured, unsubordinated, and rank equally with existing unsecured debt.