Alcon Prices US$2.0 Billion Senior Notes Offering
Alcon Inc. Ordinary Shares (ALC)
Last alcon inc. ordinary shares earnings: 2/25 04:30 pm
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Source: Business Wire
GENEVA--(BUSINESS WIRE)--Alcon (SIX/NYSE: ALC) announced that it has priced a private offering of US$500.0 million aggregate principal amount of its 2.75% senior notes due 2026, US$1.0 billion aggregate principal amount of its 3.0% senior notes due 2029 and US$500.0 million aggregate principal amount of its 3.8% senior notes due 2049 (the “Notes”). The Notes will be issued by Alcon Finance Corporation, Alcon’s indirect subsidiary, and will be fully and unconditionally guaranteed on a senior basis by Alcon.The offering is expected to close on September 23, 2019, subject to customary closing conditions.Alcon intends to use the proceeds from the offering to repay outstanding indebtedness and for general corporate purposes.DisclaimerThis press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: “anticipate,” “i
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