VTRS · 10-Q · 2026Q2 · Full report

Interest Rate and Refinancing Exposure

Viatris Inc · 2026-08-06 · Importance 64 · Surprise 42

During the six months ended June 30, 2026, Viatris repaid approximately $1.675 billion of 3.950% Senior Notes at maturity and issued approximately $752.8 million of 4.250% Euro Senior Notes due 2033. The Company also reported $550 million of borrowings and repayments under its 2024 Revolving Facility. Its credit facilities include a maximum leverage ratio covenant of 3.75 to 1.00, and Viatris stated that it was in compliance at June 30, 2026 and expects to remain compliant for the next twelve months.

Key facts

• Interest expense for the three months ended June 30, 2026 totaled $120.7 million, compared to $116.6 million for the three months ended June 30, 2025. source
• Interest expense for the six months ended June 30, 2026 totaled $240.8 million, compared to $232.1 million for the six months ended June 30, 2025. source