Bloomberg Law
June 15, 2020, 3:15 PM

Pfizer-Backed Viatris Eyes Jumbo Bond Sale for Mylan Combination

Neil Denslow
Neil Denslow
Bloomberg News

Pfizer Inc.-backed Viatris is lining up a potential jumbo bond sale in Europe and the U.S. to help pay for the Viagra maker’s combination with Mylan NV.

The issuer may sell four euro tranches as long as 12 years, and/or dollar bonds maturing in up to 30 years, according to information from a person familiar with the matter, who is not authorized to speak publicly and asked not to be identified. Investor calls start on Monday, the person said.

Pfizer will initially guarantee the new notes issued by Upjohn Inc., the person said, as the company reshapes its business ...