Catalent to fully redeem 4 7/8% senior notes due 2026

By Taylor Fox

New York, Feb. 10 – Catalent, Inc. plans to fully redeem its 4 7/8% senior notes due 2026 using proceeds from a $475 million senior notes offering, according to a news release.

Catalent will also pay interest on the notes along with any related fees and expenses.

The proceeds will also provide cash on Catalent’s balance sheet for general corporate purposes, including capital expenditures.

Catalent is a Somerset, N.J.-based provider of advanced delivery technologies and development solutions for drugs, biologics and consumer health products.

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