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STRYKER USD 5.0YR CRP A FIXED RATE SYNDICATED BROWNIE BOND MARKET PLACEMENT (US863667BC42)

Post Date: 12 December 2023
Stryker Corp has priced a syndicated USD denominated Brownie market bond which matures in 2028. 

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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 USD [Login to see full details]
Total Amount including taps USD [Login to see full details]
Total Amount Outstanding USD [Login to see full details]
Total Order Book USD [Login to see full details]
Structure Fixed Rate
Coupon [Login to see full details]
Reoffer [Login to see full details]
It came at a spread of [Login to see full details] in the Brownie bond market.
Term [Login to see full details]
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Maturity Date [Login to see full details]

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A Brownie bond is an USD-denominated bond issued by a United-States entity in the USA Domestic Bond market.

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