AbbVie ($ABBV) 2/24/26 agreed to sell $8.0B of senior notes across seven tranches (2028–2066); pricing…
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AbbVie ($ABBV) 2/24/26 agreed to sell $8.0B of senior notes across seven tranches (2028–2066); pricing ~par; net proceeds ≈$7.95B. Closing expected Mar 4, 2026. Tranches include FRN + fixed coupons 3.775%–5.65%. 📈🗓️ #ABBV #Bonds #Debt
AbbVie ($ABBV) intends to use proceeds to repay its $4.0B 364‑day delayed‑draw term loan maturing May 2026 (≈$2.0B currently outstanding) and for general corporate purposes, possibly debt repurchases. Underwriters: JPM, BofA, MS, Wells. 💵🔁 #Debt #Pharma