debt
confidence high
sentiment neutral
materiality 0.65
Bristol-Myers Squibb completes $4.5B note offering to finance Mirati acquisition
BRISTOL MYERS SQUIBB CO
- $4.5B note offering completed: $1B 5.75% due 2031, $1B 5.9% due 2033, $1.25B 6.25% due 2053, $1.25B 6.4% due 2063.
- Proceeds to fund general corporate purposes, including the proposed acquisition of Mirati Therapeutics.
- Offering closed November 13, 2023; underwritten by syndicate of banks.