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Celgene Corporation (CELG) Prices $2.5 Billion Of Senior Unsecured Notes


5/7/2014 8:10:37 AM

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SUMMIT, N.J.--(BUSINESS WIRE)--Celgene Corporation (NASDAQ:CELG) today announced the successful pricing of three series of senior unsecured notes for an aggregate principal amount of $2,500 million. Of these notes, $500 million will mature in 2019 and will bear interest at an annual rate of 2.250 percent; $1,000 million will mature in 2024 and will bear interest at an annual rate of 3.625 percent and $1,000 million will mature in 2044 and will bear interest at an annual rate of 4.625 percent. The 2.250 percent notes due 2019, the 3.625 percent notes due 2024 and the 4.625 percent notes due in 2044 were priced to yield 2.303 percent, 3.666 percent and 4.647 percent, respectively.

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