Medtronic plc Announces Pricing of Senior Notes Offering

Medtronic plc announced the pricing of its senior notes offering on September 15, 2025. The company plans to issue €750 million of 2.950% Senior Notes due 2030 and €750 million of 4.200% Senior Notes due 2045. The net proceeds from the offering are expected to be used to repay Medtronic Global Holdings S.C.A.’s 0.000% Senior Notes due 2025 and 2.625% Senior Notes due 2025. The offering is part of Medtronic’s broader financial strategy to manage its debt obligations. The notes are fully and unconditionally guaranteed by Medtronic plc and Medtronic Global Holdings S.C.A. The underwriting agreement was entered into with Deutsche Bank AG, London Branch, and Goldman Sachs & Co. LLC as representatives of the underwriters. The offering is expected to close on September 29, 2025.