Teva Pharm Stock Price, News & Analysis

Teva Pharmaceutical (NYSE: TEVA) has announced an increase in its debt tender offer from $2.0 billion to $2.25 billion. The company is also raising the Pool Tender Caps for Pool 2 Notes and Pool 3 Notes from $250 million to $350 million each. This follows Teva's successful pricing of approximately $2.3 billion in senior notes on May 20, 2025. The tender offer includes multiple series of notes with varying interest rates and maturities, structured in three pools. Pool 1 has a maximum amount of $1.55 billion, while Pool 2 and Pool 3 each have a cap of $350 million. The offer expires on June 17, 2025, with an Early Tender Time of June 2, 2025. Holders who tender by the Early Tender Time will receive the Total Consideration, which includes an Early Tender Premium.

Teva Pharmaceutical has successfully upsized and priced approximately $2.3 billion in senior notes, increased from the previously announced $2 billion. The notes consist of: €1 billion of 4.125% EUR-denominated notes maturing in 2031, $500 million of 6.000% USD-denominated notes maturing in 2032, and $700 million of 5.750% USD-denominated notes maturing in 2030. The proceeds will be used to fund tender offers for existing notes and repay outstanding debt. The settlement is expected around May 28, 2025. The notes will be unsecured senior obligations guaranteed by Teva and were offered through their shelf registration statement.

Teva Pharmaceuticals (TEVA) has received a credit rating upgrade from Fitch Ratings Agency to BB+ from BB, with a stable outlook. The upgrade follows a recent rating improvement from Moody's and reflects Teva's successful debt reduction efforts and improved financial flexibility. Fitch's report highlights expected revenue growth from key products AUSTEDO and AJOVY, along with the company's promising biosimilar pipeline. The agency also noted that Teva's focus on optimizing external spend, resource allocation, and organizational modernization is anticipated to boost operating margins.

Teva Pharmaceutical (NYSE: TEVA) has launched tender offers to purchase up to $2 billion worth of senior notes due between 2026-2031. The tender offers cover six series of notes issued by Teva's finance subsidiaries and guaranteed by Teva, including both USD and EUR denominated securities. The offers are structured in three pools with specific caps: Pool 1 ($1.55B max), Pool 2 ($250M equivalent max), and Pool 3 ($200M equivalent max). Holders tendering by June 2, 2025 (Early Tender Time) will receive the Total Consideration including a $50/€50 premium per $1,000/€1,000 principal amount. The offers expire on June 17, 2025. Teva plans to fund these purchases through a new debt offering and cash on hand, aiming to proactively manage its debt structure and extend its maturity profile.

Teva Pharmaceutical announced a $2 billion senior notes offering through its finance subsidiaries. The offering includes both EUR-denominated and USD-denominated notes. The company plans to use the proceeds, along with cash on hand, to fund tender offers for several existing senior notes due between 2026 and 2031, with a maximum combined purchase price of up to $2 billion. Any remaining proceeds will be used for repaying outstanding debt. The notes will be unsecured senior obligations of the issuers and will be unconditionally guaranteed by Teva. The offering will be made through Teva's automatic shelf registration statement on Form S-3, filed with the SEC on February 7, 2025.

Teva Pharmaceuticals (TEVA) has received a credit rating upgrade from Moody's Investor Services, raising the company's corporate credit rating to Ba1 with a stable outlook from Ba2 with a positive outlook. The upgrade reflects Teva's significant global presence, growth in branded franchises, stabilization of its generics business, and successful debt reduction efforts. According to CFO Eli Kalif, this upgrade validates the success of Teva's Pivot to Growth strategy and is expected to result in improved debt costs and broader access to investors.

Teva Pharmaceutical (NYSE: TEVA) published its 2024 Healthy Future Report, highlighting significant sustainability achievements. The company surpassed several key targets ahead of schedule, including a 29% reduction in greenhouse gas emissions (exceeding 25% target) and launching nine access to medicine programs (surpassing target of eight). Teva donated approximately 18 million doses of medicine worth $23 million and provided 2.2 million doses at low cost, reaching 187,000 patients. The company achieved strong compliance metrics with 99% of employees trained on ethics and 41% of significant suppliers evaluated for sustainability. Teva's generic medicines contributed to $39.7 billion in healthcare savings across 22 countries. The company received improved sustainability scores from rating organizations, including its highest score from EcoVadis, demonstrating progress in environmental, social, and governance initiatives.

Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) has announced its upcoming Innovation & Strategy Day, scheduled for Thursday, May 29, 2025, in New York City. The event will run from 8:30 AM to 12:30 PM Eastern Time. CEO Richard Francis and the executive management team will present updates on the company's strategy, focusing on the acceleration phase, growth initiatives, and innovation priorities.

Due to limited capacity, in-person attendance is invitation-only, with analysts and institutional investors requiring pre-registration. A live webcast will be available on Teva's Investor Relations website, with archived content accessible within 24 hours after the event.

Teva (TEVA) reported strong Q1 2025 results, marking its ninth consecutive quarter of revenue growth. The company achieved revenues of $3.9 billion, a 5% increase in local currency terms. Key innovative medicines showed remarkable growth: AUSTEDO revenues reached $411 million (+39%), AJOVY hit $139 million (+26%), and UZEDY generated $39 million. The generics business grew across all regions. Teva improved its 2025 outlook, projecting revenues of $16.8-17.2 billion and non-GAAP EPS of $2.45-2.65. The company announced targeted programs to deliver ~$700 million in net savings by 2027, aiming to achieve a 30% operating margin. Q1 2025 showed solid performance with GAAP EPS of $0.18 and non-GAAP EPS of $0.52, an 8% year-over-year increase.