10th Sep 2026 11:13
Smith & Nephew PLC - Hertfordshire, England-based medical technology, focused on repair, regeneration and replacement of soft and hard tissue - Prices USD700.0 million in notes due in 2036 with a 5.75% coupon. The USD690.9 million in net proceeds from the bond issue will be used to repurchase in a tender offer S&N's outstanding 2.032% senior notes due in 2030, it says, as will as be used for general corporate purposes.
Current stock price: 1,031.00 pence, up 0.5% on Thursday morning in London
12-month change: down 27%
By Tom Waite, Alliance News editor
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