10:09 AM EDT, 09/12/2024 (MT Newswires) -- Perrigo ( PRGO ) said Thursday that its Perrigo Finance unit priced a registered public offering of $715 million of 6.125% notes due 2032 and 350 million euros ($386.4 million) of 5.375% notes due 2032.
Net proceeds will be used to fund the redemption of the issuer's 4.375% notes due 2026 and prepay part of the term B loans outstanding under Perrigo's ( PRGO ) credit facilities as well as to pay related fees and expenses, the company said.
The offering is expected to close on or about Sept. 17.
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