BioMarin Pharmaceutical Inc. has announced its intention to offer, subject to market and other conditions, $850 million of senior unsecured notes due 2034. The proceeds from this debt issuance, along with borrowings under new senior secured term loan facilities and existing cash, are expected to fund the consideration for a planned acquisition and related expenses. The notes will be jointly and severally guaranteed by certain BioMarin subsidiaries, including, after the acquisition closes, Amicus and its subsidiaries. The offering's gross proceeds will be held in escrow pending the acquisition's completion, and if the transaction does not close by December 19, 2026, all notes will be redeemed at par plus accrued interest.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BioMarin Pharmaceutical Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: SF70450) on January 26, 2026, and is solely responsible for the information contained therein.
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