Bristol Myers Squibb Prices $4.5B Of Senior Unsecured Notes, With The Notes To Be Issued In Four Tranches
Portfolio Pulse from Benzinga Newsdesk
Bristol Myers Squibb has priced $4.5 billion of senior unsecured notes to be issued in four tranches. The closing of the offering is expected to occur on November 13, 2023, subject to customary closing conditions.

October 31, 2023 | 6:15 am
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Bristol Myers Squibb's issuance of $4.5 billion of senior unsecured notes could impact the company's financial structure and debt profile.
The issuance of senior unsecured notes by Bristol Myers Squibb will increase the company's debt, which could affect its financial structure. However, the impact on the stock price is uncertain as it depends on how the market perceives this move. It could be seen as a positive sign of growth and expansion, or it could raise concerns about increased financial risk.
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