The company confirmed that $400,415,000 in aggregate principal amount of its 4.600% Senior Notes due 2044 were validly tendered before the 5:00 p.m. deadline. Holders who participated in the offer will receive a total consideration of $898.00 per $1,000 of principal, plus accrued interest, with settlement expected on August 18, 2026. Following this transaction, approximately $99,585,000 in notes will remain outstanding.
Beyond the cash purchase, the company secured the necessary consents to amend the indenture governing the notes. These changes remove most restrictive covenants and release Reckitt’s guarantee on the remaining debt. The supplemental indenture is scheduled to become operative on the settlement date, binding all remaining holders to the new terms.
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