Smith & Nephew lists EUR 500m 2038 notes
Smith & Nephew plc reports that its new debt securities have been admitted to trading on the Main Market of the London Stock Exchange.
Rhea-AI Filing Summary
Smith & Nephew plc reports that its new debt securities have been admitted to trading on the Main Market of the London Stock Exchange. The company has listed EUR 500,000,000 of 4.250 per cent. notes due 3 June 2038, issued under its U.S.$5,000,000,000 Euro Medium Term Note Programme.
The notes are supported by a base prospectus dated 17 March 2026 and a supplemental prospectus dated 15 May 2026, together forming the Prospectus. Investors are directed to the Prospectus and Final Terms, which are available online, and are reminded that the information is intended only for specified addressees as set out in those documents.
Key Figures
Notes size: EUR 500,000,000
Coupon rate: 4.250 per cent.
Maturity date: 3 June 2038
+4 more
7 metrics
Notes size
EUR 500,000,000
Aggregate nominal amount of 4.250% notes
Coupon rate
4.250 per cent.
Interest rate on notes due 3 June 2038
Maturity date
3 June 2038
Maturity of EUR 500,000,000 notes
Programme size
U.S.$5,000,000,000
Euro Medium Term Note Programme limit
Admission date
3 June 2026
Date notes admitted to LSE Main Market
Base prospectus date
17 March 2026
Date of base prospectus for the notes
Supplemental prospectus date
15 May 2026
Date of supplemental prospectus
Key Terms
Euro Medium Term Note Programme, aggregate nominal amount, Prospectus, Final Terms, +2 more
6 terms
Euro Medium Term Note Programme financial
"issued under Smith & Nephew plc's U.S.$5,000,000,000 Euro Medium Term Note Programme"
A euro medium term note programme is an ongoing arrangement that lets a borrower repeatedly issue bonds denominated in euros under a single set of documents, without arranging a new loan each time. Think of it like an approved credit line for selling multiple IOUs with different lengths and interest rates; it matters to investors because it signals how easily the issuer can raise debt, the range of terms available to buy, and the potential impact on credit risk and market liquidity.
aggregate nominal amount financial
"Number of securities admitted to trading: | EUR 500,000,000 in aggregate nominal amount"
Prospectus regulatory
"together, the " Prospectus " under which the securities have been issued"
A prospectus is a detailed document that explains a company's plans for offering new shares or investments to the public. It’s important because it provides potential investors with key information about the company’s business, risks, and how they might make money, helping them decide whether to invest. Think of it as a guidebook for understanding what you're buying into.
Final Terms regulatory
"Final Terms available for viewing:"
Final terms are the complete, agreed-upon details of a corporate deal or financial transaction — such as price, number of shares, interest rate, or repayment schedule — that replace prior drafts and become legally binding once signed. Investors care because the final terms determine how much value is exchanged, the size of dilution or debt, and the actual economic impact of the transaction; think of it as the step where a handshake becomes a signed contract that fixes what each party will get and owe.
regulated market regulatory
"Regulated market on which the securities have been admitted to trading: | Main Market of the London Stock Exchange plc"
A regulated market is an organized trading venue overseen by government or independent authorities that enforces rules on who can list, what information must be published, and how trades are executed. Think of it like a store that must pass safety inspections and display clear labels: the oversight promotes honesty, regular reporting, and fair access, which helps investors compare options, find buyers and sellers, and reduces the risk of fraud or hidden problems.
Legal Entity Identifier regulatory
"Issuer LEI: | 213800ZTMDN8S67S1H61"
A legal entity identifier (LEI) is a unique, standardized code that functions like a global ID card for businesses and organizations involved in financial markets. It helps investors and regulators reliably identify who is on the other side of a deal, trace ownership and links between firms, and reduce confusion or fraud — improving transparency for reporting, risk assessment, and cross-border trades.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What debt securities has Smith & Nephew (SNN) admitted to trading?
Smith & Nephew has admitted EUR 500,000,000 4.250 per cent. notes due 3 June 2038. These notes are issued under its U.S.$5,000,000,000 Euro Medium Term Note Programme and listed on the London Stock Exchange.
On which market are Smith & Nephew's new notes traded?
The notes are admitted to trading on the Main Market of the London Stock Exchange. This is a regulated market, providing a formal trading venue for the EUR 500,000,000 4.250 per cent. notes.
What is the size and interest rate of Smith & Nephew (SNN) 2038 notes?
The notes have an aggregate nominal amount of EUR 500,000,000 and carry a 4.250 per cent. coupon. They mature on 3 June 2038 and form part of Smith & Nephew’s Euro Medium Term Note Programme.
When were Smith & Nephew's EUR 500,000,000 notes admitted to trading?
The EUR 500,000,000 4.250 per cent. notes were admitted to trading on 3 June 2026. This admission follows approval of a base prospectus dated 17 March 2026 and a supplemental prospectus dated 15 May 2026.
Where can investors access Smith & Nephew (SNN) note prospectuses and Final Terms?
Investors can access the base prospectus, supplemental prospectus, and Final Terms via links on Smith & Nephew’s investor webpage. Access is intended only for residents of specified countries described in the Prospectus and Final Terms.
What legal entity identifier (LEI) is used for Smith & Nephew plc?
Smith & Nephew plc uses the legal entity identifier 213800ZTMDN8S67S1H61. This LEI uniquely identifies the issuer for regulatory and trading purposes in relation to its listed securities, including the EUR 500,000,000 notes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
