Financing ·
Haleon plc announced the launch and pricing of a $2 billion three-tranche fixed-rate USD-denominated bond offering on…
HLNCFHaleon plc
Haleon plc announced the launch and pricing of a $2 billion three-tranche fixed-rate USD-denominated bond offering on August 13, 2026. The issuance consists of $600 million in senior notes maturing in 2029 with a 4.625% coupon, $600 million maturing in 2031 at 4.875%, and $800 million maturing in 2036 at 5.375%. Settlement is scheduled for August 21, 2026. Haleon intends to use the net proceeds, combined with cash on hand if necessary, to repurchase its outstanding $1,999,350,000 3.375% Fixed Rate Senior Notes due March 2027 through a concurrent tender offer announced on August 11, 2026. The offering is fully guaranteed by Haleon plc and managed by Barclays Capital Inc., BofA Securities, Inc., Deutsche Bank Securities Inc., Goldman Sachs & Co. LLC, and Mizuho Securities USA LLC. Haleon operates in the consumer health industry, manufacturing and selling over-the-counter medicines and personal care products.