Eli Lilly (LLY) has launched a new US investment-grade debt, which includes a 40-year bond, Bloomberg reported Monday, citing a person familiar with the matter.
The $6.75 billion debt offer has seven parts, with the 40-year tranche set to yield 0.73 percentage point above Treasuries, the person said, according to the report.
Additionally, the offering included a 30-year portion, as well as maturities ranging from three years and 10 years, Bloomberg said.
Eli Lilly did not immediately respond to MT Newswires' request for comment.
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