AbbVie Inc. Senior Notes Rated 'A' - S&P Global Ratings’ Credit Research

AbbVie Inc. Senior Notes Rated 'A'

AbbVie Inc. Senior Notes Rated 'A' - S&P Global Ratings’ Credit Research
AbbVie Inc. Senior Notes Rated 'A'
Published Nov 05, 2012
1131 words — Published Nov 05, 2012
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (Standard&Poor's) Nov. 5, 2012--Standard&Poor's Ratings Services said today that it assigned its 'A' senior unsecured rating to North Chicago, Ill.-based AbbVie Inc.'s minimum four-issue offering of notes through a 144A placement. The offerings consist of four fixed-rate issues with maturities in 2015, 2017, 2022, and 2042. Whether any other securities are placed, as well as final terms, including amounts, will be set by market conditions. These notes, which have registration rights, constitute a significant portion of planned borrowings expected to total $15.7 billion. A guarantee from AbbVie's current parent, 'A+'-rated Abbott Laboratories falls away upon separation of the two companies expected by year end. The guarantee, in our view, did not enhance AbbVie's long-term

  
Brief Excerpt:

RESEARCH AbbVie Inc. Senior Notes Rated 'A' Publication date: 05-Nov-2012 Primary Credit Analyst: David K Lugg, New York (1) 212-438-7845; david_lugg@standardandpoors.com Secondary Contact: Cheryl E Richer, New York (1) 212-438-2084;...

  
Report Type:

Ratings Action

Ticker
0330845Z
Issuer
GICS
Biotechnology (35201010)
Sector
Global Issuers
Country
Region
Format:
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AbbVie Inc. – 2012/12/14 – US$ 500.00

Summary: AbbVie Inc. – 2012/12/14 – US$ 225.00

Summary: AbbVie Inc. – 2013/06/26 – US$ 225.00

Summary: AbbVie Inc. – 2014/02/12 – US$ 225.00

AbbVie Inc. Assigned A/Positive/A-1 Rating – 2012/10/26 – US$ 150.00

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MLA:
S&P Global Ratings’ Credit Research. "AbbVie Inc. Senior Notes Rated 'A'" Nov 05, 2012. Alacra Store. May 22, 2025. <http://www.alacrastore.com/s-and-p-credit-research/AbbVie-Inc-Senior-Notes-Rated-A-1031722>
  
APA:
S&P Global Ratings’ Credit Research. (). AbbVie Inc. Senior Notes Rated 'A' Nov 05, 2012. New York, NY: Alacra Store. Retrieved May 22, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/AbbVie-Inc-Senior-Notes-Rated-A-1031722>
  
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