DUBLIN, June 10, 2014 /PRNewswire/ -- Actavis plc (NYSE: ACT) today announced that its indirect subsidiary, Actavis Funding SCS, priced a private debt offering of $500 million of 1.300% senior unsecured notes due 2017, $500 million of 2.450% senior unsecured notes due 2019, $1.2 billion of 3.850% senior unsecured notes due 2024 and $1.5 billion of 4.850% senior unsecured notes due 2044, for a total offering of $3.7 billion in aggregate principal amount.  The offering is expected to close on June 19, 2014, subject to market conditions and other factors.

Actavis intends to use the net proceeds from the offering, along with borrowings under its indirect subsidiary Actavis Capital S.a r.l.'s new senior unsecured term loan facilities, other financings and cash on hand, (a) to consummate the acquisition of Forest Laboratories, Inc. ("Forest"), (b) to refinance Warner Chilcott's 7.750% senior notes due 2018, (c) to pay related fees and expenses and (d) for general corporate purposes.

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