Solventum Upsizes $2B Tender Offer For Outstanding Notes; Pricing Terms Finalized Under Modified August 22 Offer To Purchase

Author: Benzinga Newsdesk | September 08, 2025 02:34pm

Solventum (NYSE:SOLV) today announced the pricing terms of its previously announced offers (each, a "Tender Offer" and, collectively, the "Tender Offers") to purchase for an aggregate purchase price of up to $2.0 billion in cash (the "Aggregate Cap") specified series of its outstanding notes (collectively, the "Notes"). The Tender Offers are being made pursuant to the terms and subject to the conditions set forth in the offer to purchase dated Aug. 22, 2025, as modified by Solventum's prior press release dated Sept. 8, 2025 increasing the Aggregate Cap, the Pool 1 Maximum Amount (as defined below) and the Tender SubCap (as defined below) (the "Offer to Purchase").

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