Perrigo Enters Material Agreement, Details Senior Notes

TL;DR

Perrigo just filed an 8-K about a material agreement concerning its senior notes.

AI Summary

On July 3, 2024, Perrigo Company plc entered into a material definitive agreement related to its senior notes. The company has outstanding notes including the A39 Senior Note Due 2024, M4.375 Notes Due 2026, M4.650 Notes Due 2030, M5.300 Notes Due 2043, and M4.900 Notes Due 2044.

Why It Matters

This filing indicates a significant financial transaction or amendment for Perrigo, potentially impacting its debt structure and investor confidence.

Risk Assessment

Risk Level: medium — Material definitive agreements can signal significant financial changes, requiring careful investor scrutiny.

Key Numbers

• 2024 — Maturity Year (A39 Senior Note)
• 2026 — Maturity Year (M4.375 Notes)
• 2030 — Maturity Year (M4.650 Notes)
• 2043 — Maturity Year (M5.300 Notes)
• 2044 — Maturity Year (M4.900 Notes)

Key Players & Entities

• Perrigo Company plc (company) — Registrant
• July 3, 2024 (date) — Date of earliest event reported
• A39 Senior Note Due 2024 (dollar_amount) — Outstanding debt instrument
• M4.375 Notes Due 2026 (dollar_amount) — Outstanding debt instrument
• M4.650 Notes Due 2030 (dollar_amount) — Outstanding debt instrument
• M5.300 Notes Due 2043 (dollar_amount) — Outstanding debt instrument
• M4.900 Notes Due 2044 (dollar_amount) — Outstanding debt instrument

FAQ

Filing Documents

• d846136d8k.htm (8-K) — 47KB
• d846136dex21.htm (EX-2.1) — 619KB
• d846136dex991.htm (EX-99.1) — 17KB
• g846136g0709211730547.jpg (GRAPHIC) — 3KB
• 0001193125-24-177015.txt ( ) — 1011KB
• prgo-20240703.xsd (EX-101.SCH) — 5KB
• prgo-20240703_def.xml (EX-101.DEF) — 15KB
• prgo-20240703_lab.xml (EX-101.LAB) — 25KB
• prgo-20240703_pre.xml (EX-101.PRE) — 16KB
• d846136d8k_htm.xml (XML) — 10KB

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 2.1* , Purchase and Sale Agreement, dated as of July 3, 2024, by and among Perrigo Company plc and Esteve Healthcare S.L. 99.1 Press Release issued by Perrigo Company plc on July 10, 2024, furnished solely pursuant to Item 7.01 of Form 8-K 104 Cover Page Interactive Data file (embedded within the Inline XBRL document) * The Company has omitted certain schedules and other similar attachments to such agreement pursuant to Item 601(b) of Regulation S-K. The Company will furnish a copy of such omitted document to the SEC upon request. Pursuant to Item 601(b)(2)(ii) of Regulation S-K, certain portions of this exhibit have been redacted because the Company customarily and actually treats such omitted information as private or confidential and because such omitted information is not material.

Forward-Looking Statements

Forward-Looking Statements Certain statements in this current report are "forward-looking statements." These statements relate to future events or the Company's future financial performance and involve known and unknown risks, uncertainties and other factors that may cause the actual results, levels of activity, performance or achievements of the Company or its industry to be materially different from those expressed or implied by any forward-looking statements. In some cases, forward-looking statements can be identified by terminology such as "may," "will," "could," "would," "should," "expect," "forecast," "plan," "anticipate," "intend," "believe," "estimate," "predict," "potential" or the negative of those terms or other comparable terminology. The Company has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While the Company believes these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond the Company's control, including: supply chain impacts on the Company's business, including those caused or exacerbated by armed conflict, trade and other economic sanctions and/or disease; general economic, credit, and market conditions; the impact of the wars in Ukraine and the Middle East and any escalation thereof, including the effects of economic and political sanctions imposed by other countries related thereto; the outbreak or escalation of conflict in other regions where we do business; future impairment charges, if we determine that the carrying amount of specific assets may not be recoverable from the expected future cash flows of such assets; customer acceptance of new products; competition from other industry participants, some of whom have greater marketing resources or larger market shares in certain product categories than the Company does; pricing press

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. (Registrant) PERRIGO COMPANY PLC Dated: July 10, 2024 By: /s/ Eduardo Bezerra Eduardo Bezerra Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR