BD Announces Tender Offers for Outstanding Debt Securities – QNT Press Release


FRANKLIN LAKES, NJ, Aug. 8, 2022 /PRNewswire/ — Becton, Dickinson and Company (NYSE:BDX) (the “Company” or “BD“) today announced that it has commenced tender offers to purchase for cash the debt securities issued by the Company listed in the table below (collectively, the “Securities” and each a “series“).

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Up to an Aggregate Offer Cap of $500,000,000 Aggregate Principal Amount
of the Outstanding Debt Securities Listed Below and each Offer SubCap Listed Below

Title of
Security

CUSIP
Number

Principal Amount
Outstanding

Offer SubCap

Acceptance
Priority
Level(1)

US
Treasury
Reference
Security

Bloomberg
Reference
Page

Fixed
Spread

Early
Tender
Payment (2)(3)

3.794%
Senior
Notes due
2050

075887CK3

$750,000,000

$175,000,000

1

2.250% US
Treasury
Notes due
2/15/2052

FIT1

+145 bps

$30

7.000%
Senior
Debentures
due 2027

075887AN9

$168,000,000

N/A

2

2.750% US
Treasury
Notes due
7/31/2027

FIT1

+105 bps

$30

6.700%
Senior
Debentures
due 2028

075887AQ2

$167,050,000

N/A

3

2.750% US
Treasury
Notes due
7/31/2027

FIT1

+115 bps

$30

6.000%
Senior
Notes
due 2039

075887AV1

$250,000,000

N/A

4

3.250% US
Treasury
Notes due
5/15/2042

FIT1

+130 bps

$30

5.000%
Senior
Notes
due 2040

075887AX7

$124,984,000

N/A

5

3.250% US
Treasury
Notes due
5/15/2042

FIT1

+135 bps

$30