AI English summary of an SEC filing — figures as filed
Bristol Myers Squibb said it is decreasing the maximum aggregate purchase price of the Pool 1 Notes from the previously announced $4,000,000,000 to an amount sufficient to accept for purchase all Pool 1 Notes that were validly tendered and not validly withdrawn prior to the Early Tender Deadline.
Key points
AI summaryBristol Myers Squibb said it is decreasing the maximum aggregate purchase price of the Pool 1 Notes from the previously announced $4,000,000,000 to an amount sufficient to accept for purchase all Pool 1 Notes that were validly tendered and not validly withdrawn prior to the Early Tender Deadline.
The company is increasing the maximum aggregate purchase price of the Pool 2 Notes from the previously announced $3,000,000,000 to an amount sufficient to accept for purchase all Pool 1 through 4 Notes and up to $250,000,000 in principal amount of its 5.900% Notes due 2033.
Bristol Myers Squibb said that as of the Early Tender Deadline, its 5.900% Notes due 2033 received tenders of $493,578,000 of the $1,000,000,000 principal amount outstanding, and that it expects to accept these Notes on a prorated basis because the amount exceeds $250,000,000.
The company said it has exercised its Early Settlement Right, with the Early Settlement Date occurring on November 20, 2025, and it expects there will be no Final Settlement Date and will not accept any tenders of Notes after the Early Tender Deadline.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Amendment to Pool 1 Maximum Purchase Price
Bristol Myers Squibb said it is decreasing the maximum aggregate purchase price of the Pool 1 Notes from the previously announced $4,000,000,000 to an amount sufficient to accept for purchase all Pool 1 Notes that were validly tendered and not validly withdrawn prior to the Early Tender Deadline.
Source · Based on the filing body and exhibits
Increase in Pool 2 Maximum Purchase Price and 2033 Notes
The company is increasing the maximum aggregate purchase price of the Pool 2 Notes from the previously announced $3,000,000,000 to an amount sufficient to accept for purchase all Pool 1 through 4 Notes and up to $250,000,000 in principal amount of its 5.900% Notes due 2033.
Source · Based on the filing body and exhibits
Tender Amounts as of Early Tender Deadline
Bristol Myers Squibb said that as of the Early Tender Deadline, its 5.900% Notes due 2033 received tenders of $493,578,000 of the $1,000,000,000 principal amount outstanding, and that it expects to accept these Notes on a prorated basis because the amount exceeds $250,000,000.
Source · Based on the filing body and exhibits
Early Settlement Date and No Acceptance of Subsequent Tenders
The company said it has exercised its Early Settlement Right, with the Early Settlement Date occurring on November 20, 2025, and it expects there will be no Final Settlement Date and will not accept any tenders of Notes after the Early Tender Deadline.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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