Stryker says it's planning to refinance its debt with a senior notes flotation worth $1 billion.
Stryker (NYSE:SYK) said it's planning to float $1 billion worth of senior notes as it refinances its debt load.
The Kalamazoo, Mich.-based medical device company said it's pricing 2 sets of senior unsecured notes: $600 million, at 3.38% annually, due in May 2024; and $400 million, at 4.38%, due in May 2044.
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