Philips Reaches Resolution of US Economic Loss Litigation
Philips Reaches Resolution of US Economic Loss Litigation
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Philips Reaches Resolution of US Economic Loss Litigation
September 7, 2023 Amsterdam, the Netherlands – Royal Philips announced today that the company and certain of its US subsidiaries, including Philips Respironics, have reached an agreement to...
August 30, 2023 Amsterdam, the Netherlands – Royal Philips (NYSE:PHG, AEX: PHIA)), a global leader in health technology, today announced the successful pricing of its issue of EUR 500 million
August 30, 2023 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced the successful pricing of its issue of EUR 500 million fixed rate notes due 2031 (the “Notes”) under its European Medium Term Note (EMTN) program. The issue of the Notes will have a debt-neutral effect. The net proceeds of the offering will be used for repayment of EUR 500 million utilized and outstanding under the credit facility entered into in Q4 2022 and fo