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Pfizer to refinance, redeem or buy back debt via $5 billion issue
By Susanna Moon
Chicago, March 5 – Pfizer Inc. plans to refinance, redeem or repurchase its debt and to repay a portion of commercial paper using proceeds of new notes.
As reported, Pfizer priced $5 billion of notes in five tranches on Monday with settlement set for March 11.
The biopharmaceutical company is based in New York.
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