Medtronic Announces Closing of Public Offering of €1.5 Billion of Senior Notes

Core Points - Medtronic plc announced the closing of a public offering of €750 million principal amount of 2.950% senior notes due 2030 and €750 million principal amount of 4.200% senior notes due 2045, totaling €1.5 billion [1][2] - The net proceeds from the offering are approximately €1.49 billion after deducting underwriting discounts and estimated expenses, which will be used to repay existing senior notes due 2025 [2] Company Overview - Medtronic plc, headquartered in Galway, Ireland, is a leading global healthcare technology company focused on addressing challenging health problems through innovative solutions [4] - The company employs over 95,000 people across more than 150 countries and offers technologies and therapies for 70 health conditions, including cardiac devices and surgical robotics [4]