AstraZeneca Prices $7 Billion Bond Offering to Partly Fund Alexion Acquisition
26 Maio 2021 - 3:43AM
Dow Jones News
By Ian Walker
AstraZeneca PLC on Wednesday priced a six-part $7 billion global
bond offering, which will be used to pay part of its acquisition of
Alexion Pharmaceuticals Inc.
The pharmaceutical giant, which agreed to buy Boston-based
Alexion Pharmaceuticals last December for $39 billion in cash and
stock, said it will also use any money raised to repay or refinance
part of Alexion's debt, as well as for general corporate
purposes.
The notes, which carry coupons of between 0.3% and 3.0%, mature
between May 26, 2023 and May 28, 2051.
On Tuesday the U.K. Competition and Markets Authority said that
it was considering whether AstraZeneca's acquisition of Alexion
would lessen competition within the U.K., and invited comments from
interested parties ahead of a final decision.
The regulator said interested parties have until June 3 to offer
their comments. It has set a deadline of July 21 for a Phase 1
decision on the deal.
Write to Ian Walker at ian.walker@wsj.com
(END) Dow Jones Newswires
May 26, 2021 02:30 ET (06:30 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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