Smith & Nephew Accepts $250 Million of 2030 Notes in Tender Offer
MT newswire2026/09/16 10:16
06:16 AM EDT, 09/16/2026 (MT Newswires) -- Smith & Nephew (SNN) accepted $250 million of its 2.032% senior notes due 2030 in a cash tender offer, after holders tendered $431.8 million of the notes, the company said Wednesday. The company will pay $878.90 for each $1,000 of notes accepted, excluding accrued interest, Smith & Nephew said. The notes had $900 million outstanding before the offer. The tender offer expired Tuesday, and the settlement date is expected to be Sept. 18, it added. Smith & Nephew shares were down 1.1% in premarket activity.
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