AstraZeneca to Raises $2 Billion in Bonds

By Olga Cotaga Features Dow Jones Newswires

AstraZeneca PLC (AZN.LN) said Tuesday it has issued three tranches of bonds totaling $2 billion to refinance its existing debt as well as for general corporate purposes.

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The biggest tranche is for $1 billion and is for a five-year note with a coupon of 2.375%, the bio-pharmaceutical company said.

Write to Olga Cotaga at olga.cotaga@wsj.com, Twitter @OlgaCotaga

(END) Dow Jones Newswires

June 06, 2017 02:27 ET (06:27 GMT)