Loan & DebtAug 12, 2026, 08:06 AM
Illumina to Issue $300M 4.950% Notes Due 2029 for Refinancing
AI Summary
Illumina, Inc. entered into an Underwriting Agreement on August 10, 2026, to issue and sell $300,000,000 aggregate principal amount of its 4.950% notes due 2029. The offering is expected to close on August 17, 2026. The company plans to use the net proceeds, along with cash on hand, to repay its existing 4.650% notes due September 9, 2026.
Key Highlights
- Illumina entered an Underwriting Agreement on August 10, 2026.
- The company will issue $300,000,000 aggregate principal amount of notes.
- The new notes carry a 4.950% interest rate and are due in 2029.
- The offering is expected to close on August 17, 2026.
- Net proceeds will be used to repay 4.650% notes due September 9, 2026.
Price Impact
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