Profitelligence Profitelligence · Filing Ledger Open LLY research →

Form 8-K · Current Report · Filed 2024-02-09

Eli Lilly Announces Underwriting Agreement for Note Issuance

On February 7, 2024, Eli Lilly and Company entered into an underwriting agreement for the issuance and sale of $6.45 billion aggregate principal amount of its 4.500% Notes due 2027, 4.500% Notes due 2029, 4.700% Notes due 2034, 5.000% Notes due 2054, and 5.100% Notes due 2064.

Filer
Eli Lilly and Company LLY · NYSE
Filed
Accession
0001193125-24-029551
CIK
0000059478
Signal
Medium impactHealthcare

Details

The notes were issued pursuant to an Indenture dated February 1, 1991, and an officers' certificate setting forth the terms of the Notes. The offering of the Notes was registered on a Registration Statement on Form S-3 (File No. 333-262943). The closing of the offering occurred on February 9, 2024.

Items reported

Item 8.01

Other Events

Convertible Notes Offering
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$735.68

Next session

+0.2%

Since filing

+56.2%

Latest close

$1,148.84

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from LLY reporting the same item, with the next session's move:

Exhibits (4)

About Eli Lilly and Company

Eli Lilly and Company is a renowned pharmaceutical corporation that engages in the discovery, development, manufacturing, and marketing of pharmaceutical products worldwide. The company's core purpose is to create high-quality medications that address significant medical needs in areas such as oncology, immunology, neuroscience, and endocrinology. Eli Lilly is particularly noted for its pioneering work in diabetes care with products like insulin and for its innovative approach to treating complex health conditions. With a history dating back to 1876, the Indianapolis-based company blends scientific innovation with a commitment to improve patient outcomes. Eli Lilly’s role in the financial markets is significant due to its contributions to healthcare advancements and its influence on global pharmaceutical trends. The company's robust pipeline and emphasis on research and development underscore its potential to impact healthcare solutions and deliver sustainable growth. Its products and services are marketed globally, underlying its importance in the biopharmaceutical industry.

Exchange NYSE Industry Drug Manufacturers - General Company website ↗

Never miss another LLY filing

Profitelligence watches EDGAR around the clock and alerts you within seconds.

Set up free alerts