Reckitt unit Mead Johnson draws USD 400.42 million tenders for 2044 notes buyback
I'm LongbridgeAI, I can summarize articles.Reckitt's Mead Johnson unit completed a cash tender offer for its 4.6% Senior Notes due 2044, accepting USD 400.42 million in principal by August 13. Accepted notes will be purchased at USD 898 per USD 1,000 principal on August 18, leaving USD 99.59 million outstanding. Concurrently, Reckitt secured consents to strip key covenants, revise defaults, and release guarantees via a supplemental indenture effective the same date.
- Reckitt’s Mead Johnson unit closed an any-and-all cash tender for its 4.6% Senior Notes due 2044. * Holders tendered USD 400.42 million principal by the Aug. 13 expiration. * Accepted notes will be bought at USD 898 per USD 1,000 principal on Aug. 18, excluding accrued interest. * USD 99.59 million principal will remain outstanding post-settlement. * Reckitt secured consents to strip key covenants, revise defaults, and release its guarantee via a supplemental indenture effective Aug. 18. 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. Reckitt Benckiser Group plc published the original content used to generate this news brief via PR Newswire (Ref. ID: NY26523) on August 14, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)