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Published on 12/4/2014 in the Prospect News Investment Grade Daily.

Becton Dickinson to sell notes in five parts for CareFusion purchase

By Aleesia Forni

Virginia Beach, Dec. 4 – Becton, Dickinson and Co. is in the market with a five-tranche offering of senior notes, according to a 424B5 filed with the Securities and Exchange Commission.

The offering includes floating-rate notes due 2016, along with fixed-rate tranches due 2017, 2019, 2024 and 2044.

Goldman Sachs & Co., J.P. Morgan Securities LLC, BNP Paribas Securities Corp., Citigroup Global Markets Inc., MUFG and Morgan Stanley & Co. LLC are the bookrunners.

Proceeds will be used for the acquisition of CareFusion Corp.

Becton Dickinson is a medical technology and supply company based in Franklin Lakes, N.J.


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