Big Law

Medtronic advances $8B debt refi

Medtronic (NYSE:MDT) said today that it plans to finance a debt redemption of nearly $6 billion in debt with a senior notes flotation that brought in closer to $8 billion.

As part of the refi Fridley, Minn.-based Medtronic put up $7.77 billion in a tender offer it launched last month for a set of senior notes due 2020 and another set due between 2037 and 2043.

Read the source article at MassDevice

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