Reckitt Benckiser Group announced pricing terms for Mead Johnson Nutrition Company's tender offer to purchase any and all of its outstanding 4.600% Senior Notes due 2044. Holders who validly tender notes by 5:00 p.m. New York City time on August 13, 2026 will receive $898.00 per $1,000 principal amount, plus accrued interest, with settlement expected on August 18, 2026. The offer is being made in conjunction with a consent solicitation to eliminate substantially all restrictive covenants and release Reckitt's guarantee of the notes. Adoption of the proposed amendments requires consents from holders of at least a majority of the $500,000,000 outstanding principal amount. Deutsche Bank Securities and Merrill Lynch International are acting as dealer managers for the tender offer and consent solicitation.
Bank of America Corp
Deutsche Bank AktiengesellschaftReckitt Benckiser Group PLCTender offer at discount reduces debt but eliminates guarantee, affecting financial structure
