Pfizer (PFE) Announces Proposed Notes Offering

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Go back to Pfizer (PFE) Announces Proposed Notes Offering

 Pfizer Announces Proposed Notes Offering

May 15, 2023 7:52 AM EDT

NEW YORK--(BUSINESS WIRE)-- Pfizer Inc. (NYSE: PFE) (Pfizer) today announced that its wholly owned subsidiary, Pfizer Investment Enterprises Pte. Ltd. (the Issuer), has commenced a multi-series offering of senior unsecured notes (the Notes). The maturity dates of the Notes are expected to range from two to 40 years. The Notes will be fully and unconditionally guaranteed on a senior unsecured basis by Pfizer. Pfizer intends to use the net proceeds of the offering as part of the financing for Pfizers proposed acquisition of Seagen Inc. (the Merger). The Notes, other than any issuance of 40-year notes,... More