Sunday, March 25, 2012

Reuters: Market News: Teva Pharma to raise debt outside the U.S.

Reuters: Market News
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Teva Pharma to raise debt outside the U.S.
Mar 25th 2012, 10:13

TEL AVIV, March 25 | Sun Mar 25, 2012 6:13am EDT

TEL AVIV, March 25 (Reuters) - Teva Pharmaceutical Industries, the world's biggest generic drugmaker, plans to offer senior notes denominated in euros and Swiss francs outside the United States.

Teva intends to use proceeds from the anticipated offering, which is subject to market conditions, to finance maturing debt, the Israel-based company said on Sunday.

Teva did not provide further details.

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