Teva Pharmaceutical Industries Ltd. recently entered into a significant financial agreement involving its subsidiaries, Teva Pharmaceutical Finance Netherlands II B.V., Teva Pharmaceutical Finance Netherlands III B.V., and Teva Pharmaceutical Finance Netherlands IV B.V. On May 28, 2025, these subsidiaries collectively issued a substantial total of €1 billion and $1.2 billion in senior notes, with varying interest rates and maturity dates, to support the company's financial strategy. The Euro Notes, 2030 USD Notes, and 2032 USD Notes were issued under separate indentures with The Bank of New York Mellon serving as trustee. The proceeds from these notes are intended to fund a tender offer with a maximum purchase price of $2.25 billion, cover associated fees and expenses, and potentially repay outstanding debt. This financial move underscores Teva's strategic efforts to manage its financial obligations and optimize its capital structure.
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