debt
confidence high
sentiment neutral
materiality 0.60
Johnson & Johnson completes $5B debt offering across five tranches with coupons from 4.500% to 5.000%
JOHNSON & JOHNSON
- Issued $750M 4.500% notes due 2027, $750M 4.550% notes due 2028, and $1B 4.700% notes due 2030.
- Issued $1.25B 4.850% notes due 2032 and $1.25B 5.000% notes due 2035.
- Underwriting agreement signed Feb 18 with Citigroup, BofA Securities, and J.P. Morgan as representatives.
- Notes sold under existing S-3 shelf registration; closing occurred Feb 20, 2025.