Baxter launches USD 500 million cash tender offers for four note series - BAX News | RalliesBaxter launches USD 500 million cash tender offers for four note series
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BAX• Baxter launches cash tender offers for four note series
- Baxter launched cash tender offers for up to USD 500 million of senior notes, excluding accrued interest.
- The offers cover four series, led by 3.132% Senior Notes due 2051, 3.500% due 2046 and 4.5% due 2043.
- Pricing uses a fixed spread over specified U.S. Treasury yields; total consideration includes a USD 30 per USD 1,000 early tender premium.
- The early tender deadline is Aug. 17, 2026; the expiration date is Sept. 1, 2026; settlement is expected on Aug. 20 or Sept. 3.
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