Issuer:
|
Baxter International Inc. | |
Ratings:
|
A3 / A+ / A (stable outlook / positive outlook / stable outlook) | |
Format:
|
SEC Registered | |
Ranking:
|
Senior Notes | |
Offering Size:
|
$500,000,000 | |
Trade Date:
|
August 17, 2009 | |
Settlement Date:
|
August 20, 2009 (T+3) | |
Maturity:
|
August 15, 2019 | |
Interest Payment Dates:
|
Semi-annually on each February 15th and August 15th | |
First Pay Date:
|
February 15, 2010 | |
Treasury Benchmark:
|
3.625% due 08/15/2019 | |
Benchmark (Price / Yield):
|
101-3+ / 3.492% | |
Spread to UST:
|
+105 bps | |
Re-offer Yield to Maturity:
|
4.542% | |
Coupon:
|
4.500% | |
Issue Price:
|
99.666% | |
Day Count Basis:
|
30 / 360 | |
Optional Redemption:
|
Make Whole + 20 bps | |
Minimum Denomination:
|
$2,000 x $1,000 | |
CUSIP / ISIN:
|
071813 BA6 / US071813BA62 | |
Bookrunners:
|
Banc of America Securities LLC J.P. Morgan Securities Inc. RBS Securities Inc. |
|
Co-manager:
|
Citigroup Global Markets Inc. Credit Suisse Securities (USA) LLC Goldman, Sachs & Co. UBS Securities LLC |