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STRYKER EUR 1.3YR CRP A FLOATING RATE EURO PRIVATE BOND (XS2667500727)

Post Date: 16 August 2023

United States based Health provider Stryker Corporation has finalised a private placement in the EUR Floating Rate Euro Bond market. The financing matures in 2024 and was executed by a single dealer. 

A Euro bond is a bond or other type of negotiable debt instrument issued in the offshore international, also called eurobond, market. The ISIN of a Euro Market bond always starts with XS. It can be denominated in any freely tradeable currency.

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Issuer Details
Issuer Stryker Corporation
LEI 5493002F0SC4JTBU5137
Industry Health Care Facilities
Country United States
Issuer Description Stryker Corporation is a Kalamazoo, Michigan based medical technology firm which develops and produces medical implants, surgical and imaging technologies, as well as patient handling and emergency medical equipment.. Stryker Corporation (Stryker) is a medical technology company. Stryker offers a diverse array of medical technologies, including reconstructive, medical and surgical, and neurotechnology and spine products. The Company operates in three business segments: Reconstructive, MedSurg, and Neurotechnology and Spine. Its products include implants used in joint replacement, trauma, and spinal surgeries; surgical equipment and surgical navigation systems; endoscopic and communications systems; patient handling and emergency medical equipment, as well as other medical device products used in a variety of medical specialties. In June 2011 the Company acquired Orthovita, Inc. (Orthovita). In July 2011, it acquired Memometal Technologies (Memometal). In October 2011, it acquired Concentric Medical, Inc. (Concentric). In February 2011, it sold its OP-1 product family. In January 2011, it acquired assets of the Neurovascular division of Boston Scientific Corporation (Neurovascular).
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Trade Details
Security Type Bond
Amount EUR [Login to see full details]
Total Amount including taps EUR [Login to see full details]
Total Amount Outstanding EUR [Login to see full details]
Total Order Book EUR [Login to see full details]
Structure Floating Rate
Coupon [Login to see full details]
Price [Login to see full details]
It came at a spread of [Login to see full details] in the Euro bond market.
Term [Login to see full details]
Yield Notes [Login to see full details]
Trade Date [Login to see full details]
Settlement Date [Login to see full details]
Maturity Date [Login to see full details]

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A Euro bond is a bond or other type of negotiable debt instrument issued in the offshore international, also called eurobond, market. The ISIN of a Euro Market bond always starts with XS. It can be denominated in any freely tradeable currency.

Check here for all issuer’s year to date financings.


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