debt
confidence high
sentiment neutral
materiality 0.55
Illumina issues $500M of 4.750% notes due 2030, proceeds to repay existing debt and fund SomaLogic acquisition
ILLUMINA, INC.
- Issued $500M aggregate principal of 4.750% notes due 2030 via underwriters Goldman Sachs & Co. LLC and BofA Securities.
- Offering expected to close on November 25, 2025, subject to customary conditions.
- Proceeds may be used to repay its 5.800% notes due December 12, 2025 and to fund the proposed SomaLogic acquisition and related fees.
- Notes issued under existing shelf registration statement on Form S-3 (File No. 333-281921).