Pfizer Inc. (PFE, Financial), through its wholly-owned subsidiary Pfizer Netherlands International Finance B.V., has successfully completed a public offering of notes totaling €3.3 billion. This strategic financial maneuver includes the issuance of €750 million in 2.875% Notes due 2029, €1 billion in 3.250% Notes due 2032, €750 million in 3.875% Notes due 2037, and €800 million in 4.250% Notes due 2045. The notes are fully and unconditionally guaranteed on a senior unsecured basis by Pfizer Inc.
The offering was conducted under a shelf registration statement on Form S-3, which was initially filed with the Securities and Exchange Commission on February 23, 2024, and subsequently amended on May 13, 2025. The issuance of these notes was facilitated by an indenture agreement with The Bank of New York Mellon acting as trustee.
This move is expected to enhance Pfizer's financial flexibility, allowing the company to strategically manage its debt profile over the coming years. The successful completion of this offering underscores investor confidence in Pfizer's financial stability and long-term growth prospects.
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