Zoetis Announces $1.75 Billion Convertible Senior Notes Offering
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Zoetis Inc. announced a $1.75 billion private offering of convertible senior notes due 2029, targeting qualified institutional buyers. An option for an additional $250 million is available. Proceeds will primarily fund stock repurchases and capped call transactions to mitigate dilution upon note conversion. Interest rates and terms will be set at pricing. This information was published via the SEC's EDGAR system.
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