debt
confidence high
sentiment neutral
materiality 0.50
Zimmer Biomet prices $700M of 5.200% senior notes due 2034
ZIMMER BIOMET HOLDINGS, INC.
- Issued $700M aggregate principal amount of 5.200% notes due 2034; closing August 15, 2024.
- Interest payable semi-annually on March 15 and September 15, commencing March 15, 2025.
- Notes mature September 15, 2034; net proceeds to repay 1.450% notes due 2024 and credit facilities.
- Underwriting agreement with Barclays, BNP Paribas, BofA Securities, Citigroup, and J.P. Morgan.