debt
confidence high
sentiment neutral
materiality 0.75
BD issues $1.175B USD notes and €750M EUR notes to refinance 2024 maturities
BECTON DICKINSON & CO
- $625M 4.874% notes due 2029 and $550M 5.110% notes due 2034 issued in USD offering.
- €750M 3.519% notes due 2031 issued in EUR offering.
- Proceeds to repay $144M 3.875% notes, $998M 3.363% notes, and $875M 3.734% notes (2024 maturities).
- Underwriters include Barclays, BNP Paribas, Citigroup, J.P. Morgan, and Morgan Stanley; closing expected Feb 8, 2024.