Takeda Announces Pricing of Unsecured U.S. Dollar-Denominated Senior Guaranteed Notes | Takeda Pharmaceuticals
Takeda Announces Pricing of Unsecured U.S. Dollar-Denominated Senior Guaranteed Notes
OSAKA, Japan, June 27, 2025 and CAMBRIDGE, Massachusetts, June 26, 2025 – Takeda (TSE:4502/NYSE:TAK) announced today the pricing of the unsecured U.S. dollar-denominated senior guaranteed notes (the “Notes”) outlined below. The offering of the Notes is being made pursuant to the shelf registration statement on Form F-3 (File No. 333-288301) filed with the Securities and Exchange Commission on June 25, 2025 and a supplement to the prospectus included therein. The Notes will be issued by Takeda U.S. Financing, Inc. (the “Issuer”), Takeda’s indirect wholly owned finance subsidiary incorporated in Delaware. The Notes will be the Issuer’s direct, unsecured and unsubordinated general obligations and will have the same rank in liquidation as all of its other current and future unsecured and unsubordinated obligations. Payment of the principal of and interest on the Notes is fully guaranteed (the “Guarantee”) by Takeda. The Guarantee will be the direct, unsecured and unsubordinated general obligation of Takeda and will have the same rank in liquidation as all of its other current and future unsecured and unsubordinated obligations. Takeda intends to use the proceeds from the offering of the Notes primarily to pay down its outstanding commercial paper and the short-term loan originally incurred to pre-pay Syndicated Loans in March 2025. Takeda will use any remaining proceeds for paying down other indebtedness and general corporate purposes.
Item | Unsecured U.S. Dollar-Denominated Senior Guaranteed Notes Due 2035 | Unsecured U.S. Dollar-Denominated Senior Guaranteed Notes Due 2055 |
---|---|---|
(a) Issuer | Takeda U.S. Financing, Inc. | Takeda U.S. Financing, Inc. |
(b) Guarantor | Takeda Pharmaceutical Company Limited | Takeda Pharmaceutical Company Limited |
(c) Issue Amount | USD 1,650 million | USD 750 million |
(d) Coupon | 5.200% per annum | 5.900% per annum |
(e) Issue Price | 99.644% of the principal amount | 99.734% of the principal amount |
(f) Maturity Date | July 7, 2035 | July 7, 2055 |
(g) Issue Date | July 2, 2025 | July 2, 2025 |
(h) Security | None | None |
(i) Securities exchange on which the notes will be listed | None | None |
This press release does not constitute an offer to sell or a solicitation of an offer to buy, or an offer to purchase or a solicitation of an offer to sell, any securities. The securities have not been approved or disapproved by any regulatory authority, nor has any such authority passed upon the accuracy or adequacy of the prospectus, prospectus supplement or the shelf registration statement.
About Takeda
Takeda is focused on creating better health for people and a brighter future for the world. We aim to discover and deliver life-transforming treatments in our core therapeutic and business areas, including gastrointestinal and inflammation, rare diseases, plasma-derived therapies, oncology, neuroscience and vaccines. Together with our partners, we aim to improve the patient experience and advance a new frontier of treatment options through our dynamic and diverse pipeline. As a leading values-based, R&D-driven biopharmaceutical company headquartered in Japan, we are guided by our commitment to patients, our people and the planet. Our employees in approximately 80 countries and regions are driven by our purpose and are grounded in the values that have defined us for more than two centuries. For more information, visit www.takeda.com.
Contacts
Investor Relations Christopher O’Reilly christopher.oreilly@takeda.com +81 (0) 90-6481-3412
Media Relations Brendan Jennings brendan.jennings@takeda.com +81 (0) 80-2705-8259
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