debt
confidence high
sentiment neutral
materiality 0.50
Eli Lilly issues $5B in notes across five tranches with maturities from 2027 to 2064
ELI LILLY & Co
- Issued $750M 4.150% notes due 2027, $1B 4.200% notes due 2029, $1.25B 4.600% notes due 2034, $1.25B 5.050% notes due 2054, $750M 5.200% notes due 2064.
- Net proceeds approximately $4.96 billion after underwriting discounts and expenses.
- Underwriting syndicate led by BNP Paribas, Citigroup, Goldman Sachs, J.P. Morgan, and Morgan Stanley.
- Notes are unsecured and may be redeemed at the company's option prior to maturity.