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Abbott redeems all 5.125% notes due 2019, some 2.35% notes due 2019
By Wendy Van Sickle
Columbus, Ohio, March 22 – Abbott Laboratories redeemed all $947,211,000 of its 5.125% notes due 2019 and $1,054,500,000 of its $2.85 billion 2.35% notes due 2019 on Thursday, according to an 8-K filing with the Securities and Exchange Commission.
The 5.125% notes were redeemed at 102.645 plus accrued interest to but excluding the redemption date.
The 2.35% notes were redeemed at par plus accrued interest to but excluding the redemption date. Following the redemption, $1,795,500,000 of the 2.35% notes remain outstanding.
Abbott is a pharmaceutical health-care products company based in Abbott Park, Ill.
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