Financing ·
Baxter International Inc. announced the commencement of cash tender offers to purchase up to $500 million in aggregate…
BAXBaxter International Inc
Baxter International Inc. announced the commencement of cash tender offers to purchase up to $500 million in aggregate principal amount of its outstanding senior notes, including series due 2032, 2043, 2046, and 2051. The company will accept tenders based on a priority waterfall methodology, prioritizing the 3.132% Notes due 2051 through the 2.539% Notes due 2032. An early tender premium of $30 per $1,000 principal amount is available for notes validly tendered by August 17, 2026. The offers expire on September 1, 2026, with settlement expected in late August or early September depending on the tender timing. This debt repurchase activity reflects the company's capital management strategy within the medical devices and healthcare solutions industry.