Perrigo to redeem 4%, 5.1045% notes due 2023 on May 20

By Wendy Van Sickle

Columbus, Ohio, April 20 – Perrigo Co. plc gave notice that it will redeem its 4% senior notes due 2023 and its 5.1045% guaranteed senior notes due 2023 on May 20, according to a press release.

The company will use some proceeds of $1.6 billion of new term loan facilities and cash on hand to fund the redemption.

Perrigo is a Dublin-based provider of self-care products and over-the-counter health and wellness solutions. The company is acquiring Hera, a Paris-based consumer self-care company.

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