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RB. Reckitt Benckiser Group Plc

6,498.00
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Reckitt Benckiser Group Plc LSE:RB. London Ordinary Share GB00B24CGK77 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 6,498.00 6,502.00 6,506.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Reckitt Benckiser Prices $7.75 Billion Multi-tranche Senior Notes Offering

22/06/2017 7:53am

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Reckitt Benckiser (LSE:RB.)
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By Razak Musah Baba

 

LONDON--Reckitt Benckiser Group PLC (RB.LN) priced a $7.75 billion four-tranche senior notes offering to help refinance debt facilities on Thursday.

The notes, offered by the consumer-goods giant's Reckitt Benckiser Treasury Services PLC subsidiary, consist of $750 million in floating-rate senior notes due 2022, $2.5 billion fixed-rate senior notes due 2022, $2 billion fixed-rate senior notes due 2024 and $2.5 billion fixed-rate senior notes due 2027.

The floating-rate notes, the 2022 fixed rate notes, the 2024 fixed rate notes and the 2027 fixed rate notes were offered at a price of 100.000%, 99.906%, 99.892% and 99.700%, respectively.

Reckitt said the net proceeds of the notes would be used to refinance debt facilities used to finance the acquisition of Mead Johnson Nutrition Company.

 

-Write to Razak Musah Baba at razak.baba@wsj.com; Twitter: @Raztweet

 

(END) Dow Jones Newswires

June 22, 2017 02:38 ET (06:38 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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