Alcon Prices US$2.0 Billion Senior Notes Offering
September 16 2019 - 11:28PM
Business Wire
Regulatory News:
Alcon (SIX/NYSE: ALC)
announced that it has priced a private offering of US$500.0 million
aggregate principal amount of its 2.75% senior notes due 2026,
US$1.0 billion aggregate principal amount of its 3.0% senior notes
due 2029 and US$500.0 million aggregate principal amount of its
3.8% senior notes due 2049 (the “Notes”). The Notes will be issued
by Alcon Finance Corporation, Alcon’s indirect subsidiary, and will
be fully and unconditionally guaranteed on a senior basis by
Alcon.
The offering is expected to close on September 23, 2019, subject
to customary closing conditions.
Alcon intends to use the proceeds from the offering to repay
outstanding indebtedness and for general corporate purposes.
Disclaimer
This press release contains “forward-looking statements” within
the meaning of the safe harbor provisions of the United States
Private Securities Litigation Reform Act of 1995. Forward-looking
statements can be identified by words such as: “anticipate,”
“intend,” “commitment,” “look forward,” “maintain,” “plan,” “goal,”
“seek,” “believe,” “project,” “estimate,” “expect,” “strategy,”
“future,” “likely,” “may,” “should,” “will” and similar references
to future periods.
Forward-looking statements are neither historical facts nor
assurances of future performance. Instead, they are based only on
Alcon’s current beliefs, expectations and assumptions regarding the
future of Alcon’s business, future plans and strategies, and other
future conditions. Because forward-looking statements relate to the
future, they are subject to inherent uncertainties and risks that
are difficult to predict. Some of these factors are discussed in
Alcon’s filings with the United States Securities and Exchange
Commission, including Alcon’s registration statement on Form 20-F.
Should one or more of these uncertainties or risks materialize, or
should underlying assumptions prove incorrect, actual results may
vary materially from those anticipated. Therefore, you should not
rely on any of these forward-looking statements.
Alcon assumes no obligation to update forward-looking statements
as a result of new information, future events or otherwise.
This press release shall not constitute an offer to sell, or the
solicitation of an offer to buy, any securities, nor shall there be
any sales of securities mentioned in this press release in any
jurisdiction in which such offer, solicitation or sale would be
unlawful. Any offers of the Notes will be made only by means of a
private offering memorandum to qualified institutional buyers under
Rule 144A under the Securities Act of 1933, as amended (the
“Securities Act”) and to non-U.S. persons outside of the United
States under Regulation S under the Securities Act.
The Notes have not been registered under the Securities Act or
the securities laws of any other jurisdiction and may not be
offered or sold in the United States absent registration or an
applicable exemption from registration requirements.
About Alcon
Alcon helps people see brilliantly. As the global leader in eye
care with a heritage spanning more than seven decades, we offer the
broadest portfolio of products to enhance sight and improve
people’s lives. Our Surgical and Vision Care products touch the
lives of more than 260 million people in over 140 countries each
year living with conditions like cataracts, glaucoma, retinal
diseases and refractive errors. Our more than 20,000 associates are
enhancing the quality of life through innovative products,
partnerships with eye care professionals and programs that advance
access to quality eye care.
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Investor Relations Christina
Cheng + 41 589 112 110 (Geneva) + 1 817 615 2789 (Fort Worth)
investor.relations@alcon.com Media
Relations Steven Smith + 41 589 112 111 (Geneva) + 1 817
551 8057 (Fort Worth) globalmedia.relations@alcon.com
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