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BD issues €600M 3.855% notes due 2033

Becton Dickinson subsidiary issues €600 million 3.855% notes due 2033. Proceeds to refinance debt and for corporate use.

Lucas Garcia
ByLucas Garcia- Senior Editor
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Becton Dickinson Euro Finance S.à r.l., a subsidiary of Becton, Dickinson and Company, has completed a public offering of €600 million in 3.855% notes due 2033.

The notes are fully guaranteed by the parent company. BD's total debt stands at $17.3 billion, with a manageable debt-to-equity ratio of 0.72.

Net proceeds will be used to repay its 1.208% notes due June 2026 and for general corporate purposes.

The notes are listed on the NYSE under symbol BDX/33A.

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