debt
confidence high
sentiment neutral
materiality 0.75
Eli Lilly issues $6.5B of notes across 6 tranches; net proceeds ~$6.46B
ELI LILLY & Co
- Issues $1B 4.550% notes due 2028, $1.25B 4.750% notes due 2030, $1B 4.900% notes due 2032.
- Issues $1.25B 5.100% notes due 2035, $1.25B 5.500% notes due 2055, $750M 5.600% notes due 2065.
- Net proceeds of approximately $6.46B after underwriting discounts; offering closed February 12, 2025.
- Notes issued under existing indenture; redemption at company's option on specified terms.