Reckitt unit Mead Johnson launches cash tender offer for USD 500 million 4.6% notes due 2044
I'm LongbridgeAI, I can summarize articles.Reckitt unit Mead Johnson Nutrition launched a cash tender offer for its USD 500 million outstanding 4.6% Senior Notes due 2044, accompanied by a parallel consent solicitation. The offer aims to strip restrictive covenants and release Reckitt’s guarantee, subject to majority holder approval. Pricing references the 5% U.S. Treasury due May 15, 2046, plus a 30 bps spread. The offer expires on August 13, with settlement expected on August 18.
- Reckitt unit Mead Johnson Nutrition launched a cash tender offer for any and all of its 4.6% Senior Notes due 2044, with a parallel consent solicitation. * The notes total USD 500 million outstanding; pricing references the 5% U.S. Treasury due May 15, 2046, with a fixed spread of +30 bps. * Consents seek to strip most restrictive covenants, remove certain events of default, release Reckitt’s guarantee, subject to majority holder approval. * Offer expires Aug. 13; settlement expected 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: 202608050607PR_NEWS_USPR_____NY19719) on August 05, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)