DUBLIN--(BUSINESS WIRE)--Covidien plc (NYSE:COV - News) today announced that its wholly-owned subsidiary, Covidien International Finance S.A. (CIFSA), launched an underwritten offering of senior notes (the “Notes”). These notes will be fully and unconditionally guaranteed on a senior unsecured basis by Covidien plc and its subsidiary, Covidien Ltd. CIFSA intends to use the proceeds from the offering to finance the redemption of all of its outstanding 5.450% senior notes due October 2012 and for general corporate purposes.