Smith & Nephew Launches Up to $250 Million Cash Tender Offer for 2030 Notes

MT Newswires · 1d ago
09:22 AM EDT, 09/08/2026 (MT Newswires) -- Smith & Nephew (SN.L) launched a cash tender offer for up to $250 million of its 2.032% senior notes due Oct. 14, 2030. The offer for the notes, with an outstanding principal amount of $900 million, will expire on Sept. 15, with settlement expected on Sept. 18, according to a Tuesday release. The medical technology company said the tender offer allows it to proactively manage its debt portfolio and extend the average maturity profile of its existing debt.