BioMarin Pharmaceutical Inc. has closed its previously announced private offering of $850 million in 5.500% senior unsecured notes due 2034. The notes were issued at 100% of their principal amount. The proceeds from this offering, along with borrowings under a new $2 billion senior secured term loan B facility, an $800 million senior secured term loan A facility, and cash on hand, will be used to fund BioMarin's pending acquisition of Amicus Therapeutics, Inc. and related expenses. The notes are subject to a special mandatory redemption if the acquisition is not completed by December 19, 2026, or upon certain other events. The notes are jointly and severally guaranteed by certain BioMarin subsidiaries and, following the acquisition, by Amicus and some of its subsidiaries.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BioMarin Pharmaceutical Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: SF87036) on February 12, 2026, and is solely responsible for the information contained therein.