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Medtronic Unit Prices Offering of Senior Notes
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Medtronic Unit Prices Offering of Senior Notes
Sep 15, 2025 6:30 PM

05:54 PM EDT, 09/15/2025 (MT Newswires) -- Medtronic ( MDT ) said late Monday its subsidiary priced offerings of 750 million euros ($882.4 million) of 2.95% senior notes due 2030 and 750 million euros of 4.20% senior notes due 2045.

Net proceeds will be used to repay Medtronic Luxco's zero-coupon senior notes and 2.652% senior notes, both due 2025, the company said.

The offering is expected to be completed on Sept. 29, subject to closing conditions, according to a statement.

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