debt
confidence high
sentiment neutral
materiality 0.55
Baxter launches tender offers for 2026 and 2027 notes up to $300M
BAXTER INTERNATIONAL INC
- Offers to buy any and all of $750M 2.600% 2026 notes and up to $300M of $1.45B 1.915% 2027 notes.
- Funding from concurrent senior unsecured notes offering; remaining proceeds to repay $645M term loan.
- Early tender deadline Dec 3, 2025; price determination Dec 4; settlement expected Dec 8 or Dec 22.
- Tender offers subject to Financing Condition and other terms per the Offer to Purchase.
- Citigroup, BofA Securities, J.P. Morgan are dealer managers; D.F. King is tender agent.