Becton Dickinson Euro Finance Prices €600M Notes Due 2033
Summary
Becton Dickinson's European finance arm priced €600 million in new notes, adding a substantial amount of debt to its balance sheet.
Key Events
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Debt Offering Priced
Becton Dickinson Euro Finance S.à r.l., guaranteed by Becton, Dickinson and Company, priced €600,000,000 of 3.855% Notes due May 20, 2033.
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Settlement Details
The notes were priced at 100.000% of the principal amount with a trade date of May 11, 2026, and a settlement date of May 20, 2026.
Analysis
Becton Dickinson Euro Finance, guaranteed by Becton, Dickinson and Company, has priced €600 million in 3.855% notes due 2033. This debt issuance represents a significant capital raise for the company, following recent financial activities including a spin-off, share buybacks, and debt repayments. The proceeds will likely be used for general corporate purposes or further balance sheet optimization.
At the time of this filing, BDX was trading at $143.20 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $39.4B. The 52-week trading range was $127.54 to $187.35. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.