Smith & Nephew issues $700M 5.75% notes due 2036
Smith & Nephew plc discloses a $700 million 5.750% notes due 2036 issuance and files the underwriting agreement into its Form F-3 shelf.
Rhea-AI Filing Summary
SMITH & NEPHEW PLC (SNN) reports the issuance of $700,000,000 aggregate principal amount of 5.750% Notes due 2036. The company furnishes this report to include the related Underwriting Agreement dated September 9, 2026 as an exhibit for incorporation into its existing Registration Statement on Form F-3 (File No. 333-277815).
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Key Figures
Aggregate principal amount of notes: $700,000,000
Interest rate on notes: 5.750%
Maturity year of notes: 2036
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4 metrics
Aggregate principal amount of notes
$700,000,000
5.750% Notes due 2036 issued by Smith & Nephew plc
Interest rate on notes
5.750%
Coupon on Notes due 2036
Maturity year of notes
2036
5.750% Notes due 2036
Form F-3 file number
333-277815
Registration Statement where the underwriting agreement is incorporated
Key Terms
aggregate principal amount, 5.750% Notes due 2036, Underwriting Agreement, Registration Statement on Form F-3
4 terms
aggregate principal amount financial
"issuance by Smith & Nephew plc of $700,000,000 aggregate principal amount"
The aggregate principal amount is the total amount of money borrowed through a bond or loan that the borrower promises to repay. It’s like the original price tag on a loan or bond, showing how much money is involved in the deal. This number matters because it indicates the size of the debt and helps investors understand the scale of the borrowing.
5.750% Notes due 2036 financial
"issuance by Smith & Nephew plc of $700,000,000 aggregate principal amount of 5.750% Notes due 2036"
Underwriting Agreement financial
"Underwriting Agreement, dated as of September 9, 2026"
An underwriting agreement is a contract where a company selling new stocks or bonds hires financial firms to buy those securities and resell them to investors. It matters because the agreement sets the offering price, number of securities, fees and which party bears the risk if sales fall short—think of it as a promise that the sale will happen and a roadmap investors can use to understand how the new securities reach the market.
Registration Statement on Form F-3 regulatory
"for incorporation into the Registration Statement on Form F-3 (File No. 333-277815)"
A registration statement on Form F-3 is a streamlined filing used by eligible foreign companies to register securities for sale in the U.S., often as a “shelf” that lets them offer shares quickly when market conditions are right. For investors it matters because it signals that the company can raise capital on short notice—potentially increasing liquidity but also the risk of share dilution if new stock is issued—similar to a company keeping a pre-approved credit line ready to use.
FAQ
What debt issuance did SMITH & NEPHEW PLC (SNN) report in this Form 6-K?
SMITH & NEPHEW PLC reported the issuance of $700,000,000 aggregate principal amount of 5.750% Notes due 2036. This disclosure is made in connection with its existing debt shelf registration on Form F-3.
What is the interest rate on Smith & Nephew plc (SNN)'s new notes?
The new notes carry a fixed interest rate of 5.750%. They are described as 5.750% Notes due 2036 in the company’s disclosure.
When do Smith & Nephew plc (SNN)'s newly issued notes mature?
The notes mature in 2036. They are identified as 5.750% Notes due 2036 in the company’s filing.
How is this notes issuance tied to Smith & Nephew plc (SNN)'s Form F-3?
The company states that the underwriting agreement for the notes is filed solely for incorporation into the Registration Statement on Form F-3 (File No. 333-277815), linking the issuance to its existing shelf registration.
AI-generated analysis. How Rhea-AI works. Not financial advice.
