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Sandoz Group Launches EUR500 Million Bond

MT Newswires·09/14/2026 23:28:49
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11:28 PM EDT, 09/14/2026 (MT Newswires) -- Sandoz Group (SDZ.SW) said Monday it completed the issuance of 500 million euros of 4.835% bonds with a maturity of 12 years. Proceeds from the bond issuance will be used for general corporate purposes, including refinancing of existing debt. The Swiss drugmaker expects to hold its average annual interest rate on gross debt under 4%, while pushing its debt maturity profile to 2038.