debt
confidence high
sentiment neutral
materiality 0.80
Thermo Fisher Scientific issues ¥110 billion of senior notes in six tranches
THERMO FISHER SCIENTIFIC INC.
- Issued ¥22.3B in 0.853% notes due 2025, ¥28.9B in 1.054% notes due 2027, ¥4.7B in 1.279% notes due 2029.
- Also issued ¥6.3B in 1.490% notes due 2032, ¥14.6B in 2.069% notes due 2042, and ¥33.3B in 2.382% notes due 2052.
- Underwriters include Citigroup Global Markets, Mizuho Securities, MUFG Securities EMEA, and SMBC Nikko Securities America.
- Net proceeds estimated at ¥109.1 billion; proceeds for general corporate purposes including acquisitions and debt refinancing.
- Notes are unsecured and rank equally with existing unsubordinated debt; change-of-control trigger may require 101% repurchase.