Baxter Upsizes Debt Tender Offer to $600 Million and Sets Pricing
Filed with the SEC on · Summarized by InvestorsBot
Baxter increased its cash tender offer cap from $500 million to $600 million and expects to repurchase all accepted tenders of its 2051, 2046 and 2043 senior notes, plus 31.37% of tendered 2032 notes. The company expects to pay $600 million on August 20, 2026; no notes tendered after August 17 will be accepted because early tenders exceeded the cap.