VTRS · 8-K · 20260806PR000037

Outstanding Indebtedness

Viatris Inc · 2026-08-06 · Importance 37 · Surprise 6 · No source text

Viatris reported long-term debt, including the current portion, of $13,348.6 million at June 30, 2026. After deducting $423.7 million of net premiums and adding $23.1 million of deferred financing fees, total debt at notional amounts was $12,948.0 million. The company reported a gross debt-to-adjusted-EBITDA ratio of 2.9x based on $4,395.5 million of last-twelve-month adjusted EBITDA. Viatris stated a long-term gross leverage target range of 2.8x to 3.2x, although it noted that the target is not company guidance.

Key facts

• The condensed consolidated balance sheet shows cash and cash equivalents of $886.5 million as of June 30, 2026 and long-term debt of $11,612.4 million as of June 30, 2026 source
• Intangible assets, net as of June 30, 2026: $13,676.9 million and goodwill: $6,654.4 million source
• Stated long-term Gross Leverage Target range: 2.8x – 3.2x source
• Interest expense: September 30, 2025: $119.6; December 31, 2025: $119.6; March 31, 2026: $120.1; June 30, 2026: $120.7 source
• Long-term debt, including current portion: $13,348.6 source
• Total reported debt balances: $13,348.6 source
• Net premiums on various debt issuances: $(423.7) source
• Total debt at notional amounts: $12,948.0 source

Impact estimates