Baxter International Announces Pricing for $750 Million Debt Tender Offer

Reuters
2025.12.04 21:15
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Baxter International Inc. has announced the pricing for its cash tender offers for its 2.600% Senior Unsecured Notes due 2026 and 1.915% Senior Unsecured Notes due 2027. The company aims to purchase all 2026 Notes and up to $600 million of 2027 Notes. Early tender participants for the 2026 Notes will receive $990.50 per $1,000 principal amount. Citigroup, BofA Securities, and J.P. Morgan are managing the transaction.

Baxter International Inc. has announced the pricing of its cash tender offers for its 2.600% Senior Unsecured Notes due 2026 and 1.915% Senior Unsecured Notes due 2027. The company is offering to purchase any and all of the 2026 Notes and up to $600 million aggregate purchase price of the 2027 Notes. Holders of the 2026 Notes validly tendered before the early tender deadline will receive a total consideration of $990.50 per $1,000 principal amount, inclusive of the early tender payment. The terms and conditions of the tender offers are detailed in Baxter’s Offer to Purchase and are subject to certain conditions. Citigroup, BofA Securities, and J.P. Morgan are acting as dealer managers for the transaction. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Baxter International Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251203755396) on December 04, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)