Small font size A Larger text size A Largest text size A

Baxter International Increases Maximum Tender Cap for 1.915% Senior Notes Due 2027

BY MT Newswires | CORPORATE | 11/19/25 05:10 PM EST

05:10 PM EST, 11/19/2025 (MT Newswires) -- Baxter International (BAX) said late Wednesday that it has increased the maximum purchase price for its $1.45 billion of 1.915% senior unsecured notes due 2027 that it can repurchase under a cash tender offer for the notes to $600 million from $300 million.

Earlier in the day, Baxter said it launched tender offers to buy certain debt securities for cash. The tender offers include the 2.6% senior unsecured notes due 2026, which have $750 million of outstanding principle, and the 1.915% senior unsecured notes due 2027, which have $1.45 billion of outstanding principle.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

More Fixed Income News

Fed Policy Easing Expectations Help Push Gains in US Equity Indexes This Week BY MT Newswires |ECONOMIC 04:49 PM EST
Nasdaq Extends Advance, Wall Street Logs Weekly Gain Amid Rate Cut Optimism BY MT Newswires |ECONOMIC 04:47 PM EST
Where Labor Data Goes, FED Should Shortly Follow BY Benzinga |ECONOMIC 04:19 PM EST
Munis little changed ahead of $10B new-issue calendar BY SourceMedia Bond Buyer |MUNICIPAL 04:02 PM EST

All Fixed Income News

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

fir_news_article