debt
confidence high
sentiment neutral
materiality 0.65
Agilent closes $1.2B senior notes offering to finance BioVectra acquisition
AGILENT TECHNOLOGIES, INC.
- Issued $600M 4.200% notes due 2027 and $600M 4.750% notes due 2034 at 99.866% and 99.638% of par, respectively.
- Proceeds to fund BioVectra acquisition; 2027 notes subject to mandatory redemption at 101% if deal not closed.
- Notes are unsecured senior obligations ranking equally with other senior unsecured debt.
- Redemption available before Par Call Dates with make-whole premium of 10bps (2027) or 20bps (2034).