Sanofi Prices $2.7 Billion in Bonds in Three-Part Offering

MT Newswires Live

04/25

Sanofi (SNY) priced its 2.3 billion euro ($2.7 billion) offering of notes under its Euro Medium Term Note program.

The deal includes 1 billion euros in notes due May 2029 with a 3% coupon, 650 million euros in notes due May 2033 at 3.375%, and 650 million euros in notes due May 2037 at 3.75%, the company said Friday in a statement.

Sanofi plans to use the net proceeds for general corporate purposes.

Price: 46.95, Change: -0.59, Percent Change: -1.23

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