debt
confidence high
sentiment neutral
materiality 0.50
Eli Lilly issues $4B in notes across four tranches, net proceeds ~$3.96B
ELI LILLY & Co
- Issued $750M 5.000% notes due 2026, $1B 4.700% notes due 2033, $1.25B 4.875% notes due 2053, $1B 4.950% notes due 2063.
- Net proceeds of approximately $3.96B after underwriting discounts and expenses.
- Underwriters: J.P. Morgan, Credit Suisse, Goldman Sachs, Morgan Stanley.
- Notes are senior unsecured obligations; redeemable at company's option upon certain events.