financetom
Business
financetom
/
Business
/
Solventum Initiates $1.75 Billion Debt Buyback
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Solventum Initiates $1.75 Billion Debt Buyback
Aug 22, 2025 6:11 AM

08:49 AM EDT, 08/22/2025 (MT Newswires) -- Solventum ( SOLV ) said Friday it has begun tender offers to purchase up to $1.75 billion worth of its outstanding debt.

The first pool of debt repurchases includes up to $1.25 billion worth of its 5.450% senior notes due 2027, 5.400% senior notes due 2029, 5.600% of senior notes due 2034, and 5.450% of senior notes due 2031.

A second pool includes up to $500 million worth of 6.000% senior notes due 2064 and 5.900% senior notes due 2054.

The offers will expire Sept. 22 while holders must tender their notes by Sept. 5, the company said.

Shares of the healthcare company were down more than 1% in recent premarket activity.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Macy's Insider Sold Shares Worth $875,000, According to a Recent SEC Filing
Macy's Insider Sold Shares Worth $875,000, According to a Recent SEC Filing
Sep 12, 2025
04:16 PM EDT, 09/12/2025 (MT Newswires) -- Danielle L. Kirgan, Executive Vice President, Chief Human Resources Officer, on September 11, 2025, sold 50,000 shares in Macy's (M) for $875,000. Following the Form 4 filing with the SEC, Kirgan has control over a total of 236,161 common shares of the company, with 236,161 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/794367/000079436725000157/xslF345X05/wk-form4_1757707704.xml ...
Electromed Insider Sold Shares Worth $1,598,454, According to a Recent SEC Filing
Electromed Insider Sold Shares Worth $1,598,454, According to a Recent SEC Filing
Sep 12, 2025
04:17 PM EDT, 09/12/2025 (MT Newswires) -- Andrew Summers, Director, on September 10, 2025, sold 65,714 shares in Electromed ( ELMD ) for $1,598,454. Following the Form 4 filing with the SEC, Summers has control over a total of 279,267 common shares of the company, with 9,000 shares held directly and 270,267 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1488917/000143774925028940/xslF345X05/rdgdoc.xml ...
Corteva explores breaking up into two separate companies, WSJ reports
Corteva explores breaking up into two separate companies, WSJ reports
Sep 12, 2025
(Reuters) -Agriculture company Corteva is exploring a breakup that would separate its seed and pesticide businesses into two separate companies, the Wall Street Journal reported on Friday, citing people familiar with the matter. The company, with a market capitalization of nearly $50 billion as of last close, is expected to reveal plans soon, the report said. Shares of Corteva, which...
Avidity Biosciences Insider Sold Shares Worth $778,702, According to a Recent SEC Filing
Avidity Biosciences Insider Sold Shares Worth $778,702, According to a Recent SEC Filing
Sep 12, 2025
04:17 PM EDT, 09/12/2025 (MT Newswires) -- W. Michael Flanagan, Chief Scientific Officer, on September 11, 2025, sold 20,000 shares in Avidity Biosciences ( RNA ) for $778,702. Following the Form 4 filing with the SEC, Flanagan has control over a total of 80,195 common shares of the company, with 80,195 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1599901/000159990125000184/xslF345X05/wk-form4_1757707665.xml ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved