Zoetis announces pricing of $1.85 billion of senior notes

Parsippany, n.j.--(business wire)---- $zts #animalhealth--zoetis inc. (nyse:zts) today announced that it has agreed to sell $1.850 billion of senior notes, consisting of $850.0 million aggregate principal amount of 4.150% senior notes due 2028 and $1.0 billion aggregate principal amount of 5.000% senior notes due 2035, in an underwritten public offering. zoetis intends to use the net proceeds to repay the principal of (i) its 4.500% senior notes due 2025 in the aggregate principal amount of $750 million, (ii) its 5.4.
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