May 28, 2024 09:24 GMT
Medtronic: Multi-Tranche EUR
CREDIT SUPPLY
Medtronic (MDT: A3/A) are in the market for a 4-tranche EUR deal.
- 5.5yr, 12.5yr, 19.5yr, 29.5yr
- MDT has EUR 2.5bn maturing in 2025
- Rating has been stable for 7+yrs at A3/A
- The company's policy is to roll over a stable debt pile since 2019.
- Most recent issuance was 2023 (2022 for EUR)
48 words