debt
confidence high
sentiment neutral
materiality 0.65
BD upsizes senior notes tender to $2B, announces early results and pricing
BECTON DICKINSON & CO
- Upsized aggregate offer cap from $1.6B to $2.0B; early tenders exceeded cap, triggering proration on 3.794% notes due 2050.
- Accepted ~$2.12B in principal across 15 series; 3.794% notes accepted on prorated basis at $262.7M.
- Total Consideration per $1,000 principal ranged from $789.44 (3.794% notes) to $1,065.75 (6.700% debentures).
- Early settlement scheduled for February 27, 2026; all conditions satisfied or waived.