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Smith & Nephew PLC - Watford, England-based medical equipment manufacturing company - Completes pricing of €500 million bond issue for 4.565% notes, due 2029. The proceeds will be used for ‘general corporate purposes’, including repayment of the amounts outstanding under company's €265 million term loan due April 2023 and €223 million term loan due May 2023. The offering is scheduled to close October 11 2022.
Current stock price: 1,035.57 pence
12-month change: down 19%
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