debt
confidence high
sentiment neutral
materiality 0.70
Royalty Pharma prices $1.5B senior notes offering across three tranches
Royalty Pharma plc
- Issued $500M 5.150% Senior Notes due 2029, $500M 5.400% due 2034, and $500M 5.900% due 2054.
- Notes are senior unsecured and guaranteed by Royalty Pharma Holdings Ltd.
- Offering expected to close on June 10, 2024, subject to customary conditions.
- Underwriting agreement with BofA, Citigroup, J.P. Morgan, Morgan Stanley, and TD Securities.