Perrigo prices $1.2B debt offering

|About: Perrigo Company (PRGO)|By:, SA News Editor

Perrigo (PRGO) prices its public offering of $1.2B senior notes. The deal consists of $500M aggregate principal amount 3.500% Senior Notes due 2021 priced at 99.908% of par and $700M aggregate principal amount of 4.375% Senior Notes due 2026 priced at 99.751%.

Net proceeds of ~$1.188B will fund the repayment of borrowings under a revolving credit facility.

Subscribe for full text news in your inbox