
Debt Financing ·
Baxter raises note tender offer cap to $600 million after early results
Holders tendered $756,712,000 of the 2.539% notes due 2032 by the early tender time. The offer cap rose from $500 million to $600 million.
BAX Baxter International Inc.

Debt Financing ·
Holders tendered $756,712,000 of the 2.539% notes due 2032 by the early tender time. The offer cap rose from $500 million to $600 million.
Suits in Illinois federal court allege misleading statements about Baxter's Novum LVP pump. The 10-Q names Baxter and unnamed officers; the derivative captions name Jose E. Almeida.
Linet Americas sued Hill-Rom Holdings, Hill-Rom Company and Hill-Rom Services in 2021. A dismissed class action is on appeal, and a DOJ demand and subpoena remain open.
Baxter closed a three-series senior notes offering on December 4, 2025 and used part of the proceeds to repay its term loan. The rest is earmarked for cash tender offers on older notes, so the company is swapping debt rather than shrinking it.
Baxter completed the sale of its Kidney Care business on January 31, 2025 and received about $3.71 billion in net, pre-tax cash at closing, against a $3.80 billion price set at signing. The price is still subject to post-closing adjustments, and executive Chris Toth stepped down on the closing date.
Baxter International provides essential healthcare products, including sterile intravenous solutions, infusion systems and devices, parenteral nutrition therapies, inhaled anesthetics, generic injectable pharmaceuticals, surgical hemostat and sealant products, smart bed systems, patient monitoring and diagnostic technologies, and respiratory health devices. Its products are used in hospitals, nursing homes, ambulatory surgery centers, kidney dialysis centers, doctors' offices and at home under physician supervision. Baxter reports three segments: Medical Products & Therapies, Healthcare Systems & Technologies and Pharmaceuticals. It completed the sale of its Kidney Care business, now known as Vantive Health, to Carlyle on January 31, 2025, for an aggregate purchase price of $3.80 billion in cash. It sold its BioPharma Solutions business in 2023. Its innovation strategy focuses on connected care offerings, including smart bed systems, infusion pumps and patient monitoring, alongside core therapy products. Baxter manufactures products in over 20 countries and sells them in over 100 countries. Andrew Hider became president and chief executive officer in July 2025.
| Product or program | What it is | Stage |
|---|---|---|
| Sterile IV solutions | Intravenous solutions used in hospitals and at home | |
| Smart bed systems | Connected care beds in its Healthcare Systems & Technologies segment | |
| Parenteral nutrition therapies | Nutrition therapies given by injection or infusion | |
| Infusion systems and devices | Infusion pumps and administration sets | |
| Generic injectable pharmaceuticals | Injectable products in the Pharmaceuticals segment |
| Line | FY2025 | FY2024 |
|---|---|---|
| Revenue | $11.24 billion | $10.64 billion |
| Research and development | $518.0 million | $590.0 million |
| Net income (loss) | -$957.0 million | -$649.0 million |
| Cash from operations | $845.0 million | $1.02 billion |
| Cash and equivalents | $1.97 billion | $1.76 billion |
Our latest story on this, dated Jul 30, 2026: "Baxter faces two securities class actions and a derivative suit over Novum LVP statements". The story links the filing or release it is based on. Read the story.
Our latest story on this, dated Dec 4, 2025: "Baxter closes three-series senior notes offering with about $1.99 billion in net proceeds". The story links the filing or release it is based on. Read the story.
Our latest story on this, dated Aug 18, 2026: "Baxter raises note tender offer cap to $600 million after early results". The story links the filing or release it is based on. Read the story.
Baxter International Inc. trades under the ticker BAX on NYSE.
Baxter International Inc. is listed on NYSE.
The SEC Central Index Key (CIK) for Baxter International Inc. is 10456. Its filings are on SEC EDGAR.
516,995,999 shares as of 2026-07-23, per the cover page of its 10-Q filed 2026-07-30.
Our directory records Baxter International Inc. under United States.
Our directory classifies Baxter International Inc. as: Diversified pharmaceuticals/medtech. This is a directory classification, not a description of the pipeline.
The ISIN recorded for Baxter International Inc. is US0718131099.
aibio.space lists Baxter International Inc. among 2,820 public biotech companies and publishes its news here as stories appear.
SEC records list its state or country of incorporation as DE.
Baxter International provides essential healthcare products, including sterile intravenous solutions, infusion systems and devices, parenteral nutrition therapies, inhaled anesthetics, generic injectable pharmaceuticals, surgical hemostat and sealant products, smart bed systems, patient monitoring and diagnostic technologies, and respiratory health devices. Its products are used in hospitals, nursing homes, ambulatory surgery centers, kidney dialysis centers, doctors' offices and at home under physician supervision.
Sterile IV solutions: Intravenous solutions used in hospitals and at home
Smart bed systems: Connected care beds in its Healthcare Systems & Technologies segment
Reported a merger or acquisition agreement. SEC Form 8-K (Items 8.01,9.01). Source
Reported a leadership departure tied to a disagreement or a restructuring. SEC Form 8-K (Items 2.02,5.02,8.01,9.01). Source
Disclosed a shareholder lawsuit, subpoena or other legal matter. SEC Form 10-K. Source
Reported a merger or acquisition agreement. SEC Form 8-K (Items 8.01,9.01). Source
Reported the end of a material agreement. SEC Form 8-K (Items 1.01,1.02,2.03,9.01). Source
Reported completing an acquisition or a sale of assets. SEC Form 8-K (Items 2.01,5.02,9.01). Source
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