Sanofi SA (SNY) on Tuesday said it has priced its $3 billion offering of notes across five tranches with maturities ranging from 2027 to 2032.
The offering includes $400 million of 3.75% notes due November 2027, $500 million of floating-rate notes due November 2027 at compounded SOFR + 0.46%, $400 million of 3.80% notes due November 2028, $500 million of floating-rate notes due November 2028 at compounded SOFR + 0.54%, and $1.2 billion of 4.20% notes due November 2032.
Sanofi said it intends to use the net proceeds from the offering for general corporate purposes.
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