Becton, Dickinson (BDX) said Tuesday it launched cash tender offers to buy back up to $1.6 billion of its outstanding debt.

The offers cover multiple series of senior notes and debentures, including 6.700% senior notes due 2026; 7.000% senior debentures due 2027; 6.700% senior debentures due 2028; 6.000% senior notes due 2039; 4.875% senior notes due 2044; 4.669% senior notes due 2047; 5.000% senior notes due 2040; 4.685% senior notes due 2044; 5.081% senior notes due 2029; 3.794% senior notes due 2050; 4.874% senior notes due 2029; 4.693% senior notes due 2028; 3.700% senior notes due 2027; 5.110% senior notes due 2034; and 4.298% senior notes due 2032.

The tender offers are set to expire at 5 p.m. ET on March 11, with an early tender deadline of Feb. 24, the company said.

Shares of Becton, Dickinson rose 5.2% in recent trading.

Price: 171.46, Change: +8.48, Percent Change: +5.20