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AI brief of an SEC Form 8-K · Becton Dickinson (BDX)

BD subsidiary issues €600 million 3.855% notes due 2033 to refinance 2026 debt

Neutral Impact 2 of 5 financing Written later

On May 20, 2026, Becton Dickinson's indirect subsidiary Becton Dickinson Euro Finance issued €600 million of 3.855% notes due 2033 in an underwritten public offering, guaranteed by BD. BD said it expects to use the proceeds, with cash on hand, to repay the entire outstanding 1.208% notes due June 4, 2026, with any remainder for general corporate purposes. The filing adds new debt but largely replaces a maturing obligation, so the effect on shareholders is mainly a change in the debt schedule rather than a new use of cash.

Key points

  • Issued €600 million aggregate principal of 3.855% notes due 2033 on May 20, 2026
  • Notes are fully and unconditionally guaranteed on a senior unsecured basis by BD
  • Proceeds, with cash on hand, expected to repay the 1.208% notes due June 4, 2026
  • Issuer may redeem before February 20, 2033 at the greater of par or a make-whole price plus 15 basis points

The filing

CompanyBecton Dickinson (BDX)
Form8-K, current report
Filed with the SECMay 20, 2026, 5:05 PM ET
Accession number0001140361-26-022270

Items reported: 1.01 Material Definitive Agreement2.03 New Direct Financial Obligation

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 20, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.