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French pharmaceutical giant Sanofi reported a robust 14% increase in sales to €10.51 billion, with earnings surpassing analyst estimates driven by the blockbuster drug Dupixent. Capitalizing on this momentum, the company announced the pricing of a €2.3 billion bond offering across three tranches maturing in 2029, 2033, and 2037. Annual interest rates on the new notes range from 3.000% for the shortest tranche to 3.750% for the longest maturity. Sanofi intends to utilize the net proceeds from this issuance for general corporate purposes and to support its strategic transition. This financing move reinforces the company's liquidity position as it maintains its long-term financial outlook for 2026. Investors are closely watching how this capital injection will fuel the company's global drug pipeline and ongoing structural growth.
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