Replies to post #241479 on Biotech Values

[DewDiligence]

BMY sells $6B of 10-40yr notes:

https://finance.yahoo.com/news/bristol-myers-squibb-prices-6-213900129.html

• $1.75B of 10yr notes @2.95%
• $1.25B of 20yr notes @3.55%
• $2.00B of 30yr notes @3.70%
• $1.00B of 40yr notes @3.90%

I wouldn’t buy a long-term bond from any company at such paltry interest rates.