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Perrigo Company Plc - Tender Offer - Early Results

Perrigo Announces Early Results of Cash Tender Offer for Notes - US714295AC63

29 NOVEMBER 2023


Full announcements, including disclaimers and restrictions available via Source: Prnewswire: Perrigo Company Plc 


"DUBLIN, Nov. 29, 2023 /PRNewswire/ -- Perrigo Company plc (NYSE: PRGO) (the "Company"), a leading provider of Consumer Self-Care Products, today announced the early tender results of the previously announced cash tender offer (the "Tender Offer") by Perrigo Finance Unlimited Company, its wholly-owned finance subsidiary (the "Issuer"), to purchase its 3.900% Senior Notes due 2024 (CUSIP / ISIN Nos. 714295 AC6 / US714295AC63) (the "Notes") in a principal amount of up to $300,000,000. The terms and conditions of the Tender Offer are set forth in an Offer to Purchase, dated November 10, 2023 (the "Offer to Purchase").


The aggregate principal amount of Notes validly tendered and not validly withdrawn as of 5:00 p.m., New York City time, on November 28, 2023 (the "Early Tender Date"), according to information provided by D.F. King & Co., Inc., the tender and information agent for the Tender Offer, is set forth in the table below."



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Perrigo Announces Cash Tender Offer for Notes - US714295AC63


10 NOVEMBER 2023


Full announcements, including disclaimers and restrictions available via Source: Prnewswire: Perrigo Company Plc


"DUBLIN, Nov. 10, 2023 /PRNewswire/ -- Perrigo Company plc (NYSE: PRGO) (the "Company"), a leading provider of Consumer Self-Care Products, today announced that Perrigo Finance Unlimited Company, its wholly-owned finance subsidiary (the "Issuer"), commenced a cash tender offer (the "Tender Offer") to purchase its 3.900% Senior Notes due 2024 (CUSIP / ISIN Nos. 714295 AC6 / US714295AC63) (the "Notes") in a principal amount of up to $300,000,000.


To finance the Tender Offer, the Company, through a wholly owned subsidiary, is concurrently seeking to borrow $300,000,000 of incremental term loans under its existing senior secured credit facilities (the "Proposed Financing"), subject to market and other conditions. The net proceeds of the Proposed Financing, together with cash on hand and/or other sources of liquidity, are expected to be used to pay for the Notes accepted for purchase pursuant to the Tender Offer and to pay all related fees and expenses. The Company is looking to take these actions to enhance financial flexibility, meet near-term debt commitments and support its strategic plans. Prior to the maturity of the Notes, the Issuer intends to use cash on hand to repay the Notes that remain outstanding after the consummation of the Tender Offer.


The terms and conditions of the Tender Offer are set forth in an Offer to Purchase, dated November 10, 2023 (the "Offer to Purchase"), which is being sent to all registered holders (collectively, the "Holders") of Notes. A summary of certain terms of the Tender Offer is below:"

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