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Published on 4/19/2021 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Takeda Pharmaceutical to redeem early remaining 2.45% notes due 2022

Chicago, April 19 – Takeda Pharmaceutical Co., Ltd. will redeem the remaining $200 million outstanding of 2.45% senior notes due 2022 (Cusips: 874060AC0, J8129EAE8) on May 17, according to a company notice.

The notes were originally issued on July 18, 2017.

The notes are being redeemed at the greater of par or the principal amount remaining plus the remaining payments of interest through the par call date plus Treasuries plus 10 basis points. Interest will also be paid.

The pharmaceutical company is based in Osaka, Japan.


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