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Stock impact report

Baker Hughes Successfully Issues $6.5 Billion and €3 Billion of Senior Notes [Yahoo! Finance]

Baker Hughes Company (BKR) 
Company Research Source: Yahoo! Finance
successfully issued $6.5 billion in debt consisting of five tranches of senior unsecured notes and €3 billion in debt consisting of four tranches of senior unsecured notes (collectively, the “notes”): $500 million 4.050% Senior Notes due 2029 $1.25 billion 4.350% Senior Notes due 2031 $750 million 4.650% Senior Notes due 2033 $2 billion 5.000% Senior Notes due 2036 $2 billion 5.850% Senior Notes due 2056 €600 million 3.226% Senior Notes due 2030 €900 million 3.812% Senior Notes due 2034 €750 million 4.193% Senior Notes due 2038 €750 million 4.737% Senior Notes due 2046 The notes were issued by Baker Hughes' wholly owned subsidiary, Baker Hughes Holdings LLC (“BHH LLC”) and by BHH LLC's wholly owned subsidiary Baker Hughes Holdings Co-Obligor, Inc. (“Co-Obligor” and, together with BHH LLC, the “Issuers”), and are fully and unconditionally guaranteed on a senior unsecured basis by Baker Hughes. Baker Hughes intends to use the net proceeds of the notes to fund a por Show less Read more
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