Eli Lilly and Company (LLY) has commenced a cash tender offer for up to $1.5 billion combined aggregate principal amount of specified series of its outstanding debt securities. The early tender date is September 20, 2021, unless extended. The tender offer is scheduled to expire on October 4, 2021.
The company noted that, if the tender offer is fully subscribed as of the early tender date, holders who validly tender notes after the early tender date will not have their notes accepted for purchase.
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