Haleon Announces Results of Cash Tender Offer for $1.99 Billion in 2027 Notes
Haleon plc (HLN) has announced the results of its cash tender offer to repurchase all outstanding $1,999,350,000 in 3.375% Fixed Rate Senior Notes due March 2027 issued by Haleon US Capital LLC, a wholly owned subsidiary. The Tender Offer expired on August 18, 2026 at 5:00 p.m. ET and received tenders of $1,342,272,000 in principal amount. The offer is conditional upon the successful completion of Haleon's proposed offering of USD-denominated Senior Fixed Rate Notes, expected to be satisfied by August 21, 2026. The total consideration for accepted notes was calculated at $996.23 per $1,000 principal amount based on a fixed spread and reference yield. Holders will also receive accrued interest up to the settlement date of August 21, after which interest ceases to accrue.
Tickers: $HLN
Topics: debt redemption tender offer