Credit ratings of Novartis AG
| Moody’s Investors Service | S&P Global Ratings | |
|---|---|---|
| Short term | P-1 | A-1+ |
| Long term | Aa3 | AA- |
| Outlook | Stable | Stable |
| Moody’s Investors Service | S&P Global Ratings | |
|---|---|---|
| Short term | P-1 | A-1+ |
| Long term | Aa3 | AA- |
| Outlook | Stable | Stable |
| Issuer | Amount (in millions) | Coupon | Maturity |
|---|---|---|---|
| Novartis Capital Corp. | 1,250 | 2.000% | 2027 |
| Novartis Capital Corp. | 1,000 | 3.100% | 2027 |
| Novartis Capital Corp. | 800 | SOFR + 52bps | 2028 |
| Novartis Capital Corp. | 700 | 3.900% | 2028 |
| Novartis Capital Corp. | 1,000 | 3.800% | 2029 |
| Novartis Capital Corp. | 500 | SOFR + 65bps | 2029 |
| Novartis Capital Corp. | 1,250 | 4.100% | 2029 |
| Novartis Capital Corp. | 1,500 | 2.200% | 2030 |
| Novartis Capital Corp. | 1,750 | 4.100% | 2030 |
| Novartis Capital Corp. | 850 | 4.000% | 2031 |
| Novartis Capital Corp. | 1,750 | 4.400% | 2031 |
| Novartis Capital Corp. | 925 | 4.300% | 2032 |
| Novartis Capital Corp. | 2,000 | 4.600% | 2033 |
| Novartis Capital Corp. | 1,100 | 4.200% | 2034 |
| Novartis Capital Corp. | 925 | 4.600% | 2035 |
| Novartis Capital Corp. | 2,250 | 4.900% | 2036 |
| Novartis Capital Corp. | 500 | 3.700% | 2042 |
| Novartis Capital Corp. | 1,850 | 4.400% | 2044 |
| Novartis Capital Corp. | 350 | 5.200% | 2045 |
| Novartis Capital Corp. | 1,250 | 4.000% | 2045 |
| Novartis Capital Corp. | 1,000 | 5.600% | 2046 |
| Novartis Capital Corp. | 1,250 | 2.750% | 2050 |
| Novartis Capital Corp. | 750 | 4.700% | 2054 |
| Novartis Capital Corp. | 550 | 5.300% | 2055 |
| Novartis Capital Corp. | 2,250 | 5.700% | 2056 |
| Principal amount | USD 1,250,000,000 |
| ISIN | US66989HAQ11 |
| Issuer | Novartis Capital Corp., United States |
| Guarantor | Novartis AG, Switzerland |
| Type | Senior unsecured |
| Coupon | 2.000% |
| Coupon payment date | February 14 and August 14, commencing August 14, 2020 |
| Documentation | SEC registered shelf registration |
| First settlement date | February 14, 2020 |
| Issue price | 99.909 |
| Maturity date | February 14, 2027 |
| Joint book-runners | Citi, HSBC, Morgan Stanley, Mitsubishi UFJ Financial Group, Barclays, Deutsche Bank, Mizuho |
| Bloomberg | NOVNVX 2.0 02/14/2027 |
| Principal amount | USD 1,000,000,000 |
| ISIN | US66989HAN89 |
| Issuer | Novartis Capital Corp., United States |
| Guarantor | Novartis AG, Switzerland |
| Type | Senior unsecured |
| Coupon | 3.100% |
| Coupon payment date | May 17 and November 17, commencing May 17, 2017 |
| Documentation | SEC registered shelf registration |
| First settlement date | February 17, 2017 |
| Issue price | 99.109 |
| Maturity date | May 17, 2027 |
| Joint book-runners | Bank of America Merrill Lynch, Citi, JP Morgan, Credit Suisse, Goldman Sachs, UBS |
| Bloomberg | NOVNVX 3.1 05/17/2027 |
| Principal amount | USD 800,000,000 |
| ISIN | US66989HBD98 |
| Issuer | Novartis Capital Corp., United States |
| Guarantor | Novartis AG, Switzerland |
| Type | Senior unsecured floating rate note |
| Coupon | SOFR + 52bps |
| Coupon payment date | February 05, May 05, August 05 and November 05, commencing February 05, 2026 |
| Documentation | SEC registered shelf registration |
| First settlement date | November 05, 2025 |
| Issue price | 100.000 |
| Maturity date | November 05, 2028 |
| Joint book-runners | Bank of America, BNP Paribas, Deutsche Bank, HSBC, JP Morgan, Société Générale |
| Bloomberg | NOVNVX Float 11/05/28 |
| Principal amount | USD 700,000,000 |
| ISIN | US66989HAX61 |
| Issuer | Novartis Capital Corp., United States |
| Guarantor | Novartis AG, Switzerland |
| Type | Senior unsecured |
| Coupon | 3.900% |
| Coupon payment date | May 05 and November 05, commencing May 05, 2026 |
| Documentation | SEC registered shelf registration |
| First settlement date | November 05, 2025 |
| Issue price | 99.978 |
| Maturity date | November 05, 2028 |
| Joint book-runners | Bank of America, BNP Paribas, Deutsche Bank, HSBC, JP Morgan, Société Générale |
| Bloomberg | NOVNVX 3.9 11/05/28 |
| Principal amount | USD 1,000,000,000 |
| ISIN | US66989HAT59 |
| Issuer | Novartis Capital Corp., United States |
| Guarantor | Novartis AG, Switzerland |
| Type | Senior unsecured |
| Coupon | 3.800% |
| Coupon payment date | March 18 and September 18, commencing March 18, 2025 |
| Documentation | SEC registered shelf registration |
| First settlement date | September 18, 2024 |
| Issue price | 99.757 |
| Maturity date | September 18, 2029 |
| Joint book-runners | Goldman Sachs, JP Morgan, Citi, Mizuho, Barclays, HSBC, Société Générale |
| Bloomberg | NOVNVX 3.80 09/18/2029 |
| Principal amount | USD 500,000,000 |
| ISIN | US66989HBE71 |
| Issuer | Novartis Capital Corp., United States |
| Guarantor | Novartis AG, Switzerland |
| Type | Senior unsecured floating rate note |
| Coupon | SOFR + 65bps |
| Coupon payment date | March 16, June 16, September 16 and December 16, commencing June 16, 2026 |
| Documentation | SEC registered shelf registration |
| First settlement date | March 18, 2026 |
| Issue price | 100.000 |
| Maturity date | March 16, 2029 |
| Joint book-runners | BNP Paribas, Citibank, Deutsche Bank, JP Morgan, Mizuho |
| Bloomberg | NOVNVX Float 03/16/29 |
| Principal amount | USD 1,250,000,000 |
| ISIN | US66989HBF47 |
| Issuer | Novartis Capital Corp., United States |
| Guarantor | Novartis AG, Switzerland |
| Type | Senior unsecured |
| Coupon | 4.100% |
| Coupon payment date | March 16 and September 16, commencing September 16, 2026 |
| Documentation | SEC registered shelf registration |
| First settlement date | March 18, 2026 |
| Issue price | 99.883 |
| Maturity date | March 16, 2029 |
| Joint book-runners | BNP Paribas, Citibank, Deutsche Bank, JP Morgan, Mizuho |
| Bloomberg | NOVNVX 4.1 03/16/29 |
| Principal amount | USD 1,500,000,000 |
| ISIN | US66989HAR93 |
| Issuer | Novartis Capital Corp., United States |
| Guarantor | Novartis AG, Switzerland |
| Type | Senior unsecured |
| Coupon | 2.200% |
| Coupon payment date | February 14 and August 14, commencing August 14, 2020 |
| Documentation | SEC registered shelf registration |
| First settlement date | February 14, 2020 |
| Issue price | 99.869 |
| Maturity date | August 14, 2030 |
| Joint book-runners | Citi, HSBC, Morgan Stanley, Mitsubishi UFJ Financial Group, Barclays, Deutsche Bank, Mizuho |
| Bloomberg | NOVNVX 2.2 08/14/2030 |
| Principal amount | USD 1,750,000,000 |
| ISIN | US66989HAY45 |
| Issuer | Novartis Capital Corp., United States |
| Guarantor | Novartis AG, Switzerland |
| Type | Senior unsecured |
| Coupon | 4.100% |
| Coupon payment date | May 05 and November 05, commencing May 05, 2026 |
| Documentation | SEC registered shelf registration |
| First settlement date | November 05, 2025 |
| Issue price | 99.700 |
| Maturity date | November 05, 2030 |
| Joint book-runners | Bank of America, BNP Paribas, Deutsche Bank, HSBC, JP Morgan, Société Générale |
| Bloomberg | NOVNVX 4.1 11/05/30 |
| Principal amount | USD 850,000,000 |
| ISIN | US66989HAU23 |
| Issuer | Novartis Capital Corp., United States |
| Guarantor | Novartis AG, Switzerland |
| Type | Senior unsecured |
| Coupon | 4.000% |
| Coupon payment date | March 18 and September 18, commencing March 18, 2025 |
| Documentation | SEC registered shelf registration |
| First settlement date | September 18, 2024 |
| Issue price | 99.565 |
| Maturity date | September 18, 2031 |
| Joint book-runners | Goldman Sachs, JP Morgan, Citi, Mizuho, Barclays, HSBC, Société Générale |
| Bloomberg | NOVNVX 4.00 09/18/2031 |
| Principal amount | USD 1,750,000,000 |
| ISIN | US66989HBG20 |
| Issuer | Novartis Capital Corp., United States |
| Guarantor | Novartis AG, Switzerland |
| Type | Senior unsecured |
| Coupon | 4.400% |
| Coupon payment date | March 18 and September 18, commencing September 18, 2026 |
| Documentation | SEC registered shelf registration |
| First settlement date | March 18, 2026 |
| Issue price | 99.960 |
| Maturity date | March 18, 2031 |
| Joint book-runners | BNP Paribas, Citibank, Deutsche Bank, JP Morgan, Mizuho |
| Bloomberg | NOVNVX 4.4 03/18/31 |
| Principal amount | USD 925,000,000 |
| ISIN | US66989HAZ10 |
| Issuer | Novartis Capital Corp., United States |
| Guarantor | Novartis AG, Switzerland |
| Type | Senior unsecured |
| Coupon | 4.300% |
| Coupon payment date | May 05 and November 05, commencing May 05, 2026 |
| Documentation | SEC registered shelf registration |
| First settlement date | November 05, 2025 |
| Issue price | 99.409 |
| Maturity date | November 05, 2032 |
| Joint book-runners | Bank of America, BNP Paribas, Deutsche Bank, HSBC, JP Morgan, Société Générale |
| Bloomberg | NOVNVX 4.3 11/05/32 |
| Principal amount | USD 2,000,000,000 |
| ISIN | US66989HBH03 |
| Issuer | Novartis Capital Corp., United States |
| Guarantor | Novartis AG, Switzerland |
| Type | Senior unsecured |
| Coupon | 4.600% |
| Coupon payment date | March 18 and September 18, commencing September 18, 2026 |
| Documentation | SEC registered shelf registration |
| First settlement date | March 18, 2026 |
| Issue price | 99.574 |
| Maturity date | March 18, 2033 |
| Joint book-runners | BNP Paribas, Citibank, Deutsche Bank, JP Morgan, Mizuho |
| Bloomberg | NOVNVX 4.6 03/18/33 |
| Principal amount | USD 1,100,000,000 |
| ISIN | US66989HAV06 |
| Issuer | Novartis Capital Corp., United States |
| Guarantor | Novartis AG, Switzerland |
| Type | Senior unsecured |
| Coupon | 4.200% |
| Coupon payment date | March 18 and September 18, commencing March 18, 2025 |
| Documentation | SEC registered shelf registration |
| First settlement date | September 18, 2024 |
| Issue price | 99.282 |
| Maturity date | September 18, 2034 |
| Joint book-runners | Goldman Sachs, JP Morgan, Citi, Mizuho, Barclays, HSBC, Société Générale |
| Bloomberg | NOVNVX 4.20 09/18/2034 |
| Principal amount | USD 925,000,000 |
| ISIN | US66989HBA59 |
| Issuer | Novartis Capital Corp., United States |
| Guarantor | Novartis AG, Switzerland |
| Type | Senior unsecured |
| Coupon | 4.600% |
| Coupon payment date | May 05 and November 05, commencing May 05, 2026 |
| Documentation | SEC registered shelf registration |
| First settlement date | November 05, 2025 |
| Issue price | 99.564 |
| Maturity date | November 05, 2035 |
| Joint book-runners | Bank of America, BNP Paribas, Deutsche Bank, HSBC, JP Morgan, Société Générale |
| Bloomberg | NOVNVX 4.6 11/05/35 |
| Principal amount | USD 2,250,000,000 |
| ISIN | US66989HBJ68 |
| Issuer | Novartis Capital Corp., United States |
| Guarantor | Novartis AG, Switzerland |
| Type | Senior unsecured |
| Coupon | 4.900% |
| Coupon payment date | March 18 and September 18, commencing September 18, 2026 |
| Documentation | SEC registered shelf registration |
| First settlement date | March 18, 2026 |
| Issue price | 99.719 |
| Maturity date | March 18, 2036 |
| Joint book-runners | BNP Paribas, Citibank, Deutsche Bank, JP Morgan, Mizuho |
| Bloomberg | NOVNVX 4.9 03/18/36 |
| Principal amount | USD 500,000,000 |
| ISIN | US66989HAF55 |
| Issuer | Novartis Capital Corp., United States |
| Guarantor | Novartis AG, Switzerland |
| Type | Senior unsecured |
| Coupon | 3.700% |
| Coupon payment date | March 21 and September 21, commencing March 21, 2013 |
| Documentation | SEC registered shelf registration |
| First settlement date | September 21, 2012 |
| Issue price | 98.325 |
| Maturity date | September 21, 2042 |
| Joint book-runners | JP Morgan, Morgan Stanley, BNP Paribas, Citi, Bank of America Merrill Lynch, UBS |
| Bloomberg | NOVNVX 3.7 09/21/42 |
| Principal amount | USD 1,850,000,000 |
| ISIN | US66989HAH12 |
| Issuer | Novartis Capital Corp., United States |
| Guarantor | Novartis AG, Switzerland |
| Type | Senior unsecured |
| Coupon | 4.400% |
| Coupon payment date | May 06 and November 06, commencing May 06, 2014 |
| Documentation | SEC registered shelf registration |
| First settlement date | February 21, 2014 |
| Issue price | 99.196 |
| Maturity date | May 06, 2044 |
| Joint book-runners | Goldman Sachs, Bank of America Merrill Lynch, Barclays, Citi, Credit Suisse, Deutsche Bank, JP Morgan |
| Bloomberg | NOVNVX 4.4 05/06/44 |
| Principal amount | USD 350,000,000 |
| ISIN | US66989HBB33 |
| Issuer | Novartis Capital Corp., United States |
| Guarantor | Novartis AG, Switzerland |
| Type | Senior unsecured |
| Coupon | 5.200% |
| Coupon payment date | May 05 and November 05, commencing May 05, 2026 |
| Documentation | SEC registered shelf registration |
| First settlement date | November 05, 2025 |
| Issue price | 99.889 |
| Maturity date | November 05, 2045 |
| Joint book-runners | Bank of America, BNP Paribas, Deutsche Bank, HSBC, JP Morgan, Société Générale |
| Bloomberg | NOVNVX 5.2 11/05/45 |
| Principal amount | USD 1,250,000,000 |
| ISIN | US66989HAK41 |
| Issuer | Novartis Capital Corp., United States |
| Guarantor | Novartis AG, Switzerland |
| Type | Senior unsecured |
| Coupon | 4.000% |
| Coupon payment date | May 20 and November 20, commencing May 20, 2016 |
| Documentation | SEC registered shelf registration |
| First settlement date | November 20, 2015 |
| Issue price | 98.029 |
| Maturity date | November 20, 2045 |
| Joint book-runners | Bank of America Merrill Lynch, Citi, JP Morgan, Credit Suisse, Goldman Sachs, UBS |
| Bloomberg | NOVNVX 4 11/20/2045 |
| Principal amount | USD 1,000,000,000 |
| ISIN | US66989HBK32 |
| Issuer | Novartis Capital Corp., United States |
| Guarantor | Novartis AG, Switzerland |
| Type | Senior unsecured |
| Coupon | 5.600% |
| Coupon payment date | March 18 and September 18, commencing September 18, 2026 |
| Documentation | SEC registered shelf registration |
| First settlement date | March 18, 2026 |
| Issue price | 99.536 |
| Maturity date | March 18, 2046 |
| Joint book-runners | BNP Paribas, Citibank, Deutsche Bank, JP Morgan, Mizuho |
| Bloomberg | NOVNVX 5.6 03/18/46 |
| Principal amount | USD 1,250,000,000 |
| ISIN | US66989HAS76 |
| Issuer | Novartis Capital Corp., United States |
| Guarantor | Novartis AG, Switzerland |
| Type | Senior unsecured |
| Coupon | 2.750% |
| Coupon payment date | February 14 and August 14, commencing August 14, 2020 |
| Documentation | SEC registered shelf registration |
| First settlement date | February 14, 2020 |
| Issue price | 97.712 |
| Maturity date | August 14, 2050 |
| Joint book-runners | Citi, HSBC, Morgan Stanley, Mitsubishi UFJ Financial Group, Barclays, Deutsche Bank, Mizuho |
| Bloomberg | NOVNVX 2.75 08/14/2050 |
| Principal amount | USD 750,000,000 |
| ISIN | US66989HAW88 |
| Issuer | Novartis Capital Corp., United States |
| Guarantor | Novartis AG, Switzerland |
| Type | Senior unsecured |
| Coupon | 4.700% |
| Coupon payment date | March 18 and September 18, commencing March 18, 2025 |
| Documentation | SEC registered shelf registration |
| First settlement date | September 18, 2024 |
| Issue price | 99.936 |
| Maturity date | September 18, 2054 |
| Joint book-runners | Goldman Sachs, JP Morgan, Citi, Mizuho, Barclays, HSBC, Société Générale |
| Bloomberg | NOVNVX 4.70 09/18/2054 |
| Principal amount | USD 550,000,000 |
| ISIN | US66989HBC16 |
| Issuer | Novartis Capital Corp., United States |
| Guarantor | Novartis AG, Switzerland |
| Type | Senior unsecured |
| Coupon | 5.300% |
| Coupon payment date | May 05 and November 05, commencing May 05, 2026 |
| Documentation | SEC registered shelf registration |
| First settlement date | November 05, 2025 |
| Issue price | 99.464 |
| Maturity date | November 05, 2055 |
| Joint book-runners | Bank of America, BNP Paribas, Deutsche Bank, HSBC, JP Morgan, Société Générale |
| Bloomberg | NOVNVX 5.3 11/05/55 |
| Principal amount | USD 2,250,000,000 |
| ISIN | US66989HBL15 |
| Issuer | Novartis Capital Corp., United States |
| Guarantor | Novartis AG, Switzerland |
| Type | Senior unsecured |
| Coupon | 5.700% |
| Coupon payment date | March 18 and September 18, commencing September 18, 2026 |
| Documentation | SEC registered shelf registration |
| First settlement date | March 18, 2026 |
| Issue price | 99.120 |
| Maturity date | March 18, 2056 |
| Joint book-runners | BNP Paribas, Citibank, Deutsche Bank, JP Morgan, Mizuho |
| Bloomberg | NOVNVX 5.7 03/18/56 |
Our R&D teams are dedicated to discovering and developing new treatments for diseases including cancer, heart disease and neurological and immunological conditions. We aim to register our innovative treatments across different geographies to improve access to medicines and health outcomes for patients.
In this section: Commitment to patients and caregivers | Access principles | Global health and neglected diseases | Clinical trials | Animal welfare | Intellectual Property
Novartis works with the patient community around the world to discover new ways to improve and extend people’s lives. The four pillars of our commitment to patients and caregivers are: respecting and understanding the patient community perspective; expanding access to our medicines; conducting responsible clinical trials; and recognizing the importance of transparency and reporting.
Improving access to medicines remains one of the world’s greatest healthcare challenges. Through the Novartis Access Principles, we seek to expand access to our medicines to underserved patient populations across high-income and low- and middle-income countries, while addressing major global health challenges. For all our medicines, we aim to implement access strategies based on the following three principles:
Affordability and pricing: We use a combination of approaches to help patients across the income pyramid access our medicines. In pricing, we take a value-based approach, tying the price of a medicine to outcomes for patients, healthcare systems and society. We believe this helps improve access, while incentivizing healthcare systems and providers to deliver effective and sustainable treatment. We also make our medicines available through specific patient support programs, as well as managed access—also known as compassionate use—programs.
Managerial responsibility for value-based programs resides with the relevant members of the Executive Committee of Novartis, who review access strategies for all product launches prior to their implementation.
Pricing transparency varies across markets. For the US, the manufacturer list price (Wholesaler Acquisition Cost) is published in the Red Book, and updated every year, including annual price increases. For other countries, if reimbursed, the list price is published in the official gazette, as well as on the authority/agency’s website (e.g., G-BA in Germany, AIFA in Italy and NICE in England) according to local rules and regulations.
To reinforce our commitment to expanding access to our medicines in low- and middle- income countries (LMICs), we issued a EUR 1.85 billion sustainability-linked bond (SLB) in 2020. We report on our progress against the SLB targets in the Update on Public Commitments 2025, available in the Reporting and transparency hub.
See ESG Data Summary 2025 (PDF 0.1 MB) for metrics including: patients reached; new medicines launched with a global access strategy; projects in research and development; submissions; approvals; countries with products sold.
Our work on global health is aligned with our overall efforts to expand access to our medicines. We follow an integrated approach for the control or elimination of neglected diseases where there has been market failure and little investment in research and development such as malaria, leprosy, dengue, leishmaniasis, Chagas disease and sickle cell disease. In 2022, Novartis endorsed the Kigali Declaration on neglected tropical diseases (NTDs) and announced a five-year financial commitment of USD 250 million to the fight against NTDs and malaria.
See ESG Data Summary 2025 (PDF 0.1 MB) for metrics including: patients reached; investment in R&D for malaria and neglected tropical diseases; countries with community health initiatives launched.
Clinical trials are at the heart of our work to bring innovative medicines to people with a particular disease or condition. These studies ensure that an investigative medicine is effective and safe, and rely entirely on patients and healthy volunteers. For every Novartis clinical trial our primary responsibility is to protect the safety, wellbeing and legal rights of all participants, and ensure adherence to the highest ethical standards for clinical research.
Often, animal studies are required by regulatory agencies around the world to better understand complex disease mechanisms and to prove that medicines are safe and effective. Our animal research is governed by our Animal Welfare Policy, which applies to all Novartis-sponsored studies, whether internal or external. The policy commits us to applying the 3Rs principles—to replace animals with other methods where possible; to reduce the number of animals needed in our studies; and to refine study methods to improve animals’ experience. We have a grant program to prospectively fund 3Rs research projects.
See ESG Data Summary 2025 (PDF 0.1 MB) for metrics including: animal research.
Our approach to intellectual property (IP) derives from our broader purpose to reimagine medicine to improve and extend people’s lives. We use patents and other IP rights as a means to enable the discovery and development of breakthrough medical innovations, to facilitate their delivery to the patients who need them, and to promote scientific and technological progress for patients and society.
Novartis recognizes the unique socio-economic challenges faced by the world’s poorest countries, including challenges that may interfere with the proper functioning of market-based incentives like intellectual property rights. Accordingly, Novartis does not seek or enforce patents in least developed countries (LDCs, as designated by the United Nations), low-income countries (LICs, as designated by the World Bank), or in around 80% of the lower-middle income countries (LMICs, as designated by the World Bank). In the small number of LMICs where we do seek or enforce patents, we aim to limit them to those patent applications covering new molecular entities. In addition, we are committed to granting nonexclusive licenses to qualified third parties for supply of our patented products exclusively to LDCs or to LICs.
| Issuer | Amount (in millions) | Coupon | Maturity |
|---|---|---|---|
| Novartis AG | 650 | 1.600% | 2027 |
| Novartis AG | 550 | 0.625% | 2029 |
| Novartis AG | 435 | 1.650% | 2031 |
| Novartis AG | 645 | 1.750% | 2034 |
| Novartis AG | 325 | 1.050% | 2035 |
| Novartis AG | 280 | 1.850% | 2040 |
| Novartis AG | 190 | 1.850% | 2049 |
| Principal amount | CHF 650,000,000 |
| ISIN | CH1353257806 |
| Issuer | Novartis AG, Switzerland |
| Type | Senior unsecured |
| Coupon | 1.600% |
| Coupon payment date | June 18 |
| Documentation | Swiss stand-alone documentation |
| First settlement date | June 18, 2024 |
| Issue price | 100.138 |
| Maturity date | June 18, 2027 |
| Joint book-runners | BNP Paribas, Deutsche Bank, UBS |
| Bloomberg | NOVNVX 1.6 6/18/27 |
| Listing | SIX Swiss Exchange |
| Principal amount | CHF 550,000,000 |
| ISIN | CH0270190991 |
| Issuer | Novartis AG, Switzerland |
| Type | Senior unsecured |
| Coupon | 0.625% |
| Coupon payment date | November 13 |
| Documentation | Swiss stand-alone documentation |
| First settlement date | February 13, 2015 |
| Issue price | 100.502 |
| Maturity date | November 13, 2029 |
| Joint book-runners | Credit Suisse, UBS |
| Bloomberg | NOVNVX 0.625 11/13/29 |
| Listing | SIX Swiss Exchange |
| Principal amount | CHF 435,000,000 |
| ISIN | CH1353257814 |
| Issuer | Novartis AG, Switzerland |
| Type | Senior unsecured |
| Coupon | 1.650% |
| Coupon payment date | June 18 |
| Documentation | Swiss stand-alone documentation |
| First settlement date | June 18, 2024 |
| Issue price | 100.148 |
| Maturity date | June 18, 2031 |
| Joint book-runners | BNP Paribas, Deutsche Bank, UBS |
| Bloomberg | NOVNVX 1.65 6/18/31 |
| Listing | SIX Swiss Exchange |
| Principal amount | CHF 645,000,000 |
| ISIN | CH1353257822 |
| Issuer | Novartis AG, Switzerland |
| Type | Senior unsecured |
| Coupon | 1.750% |
| Coupon payment date | June 16 |
| Documentation | Swiss stand-alone documentation |
| First settlement date | June 18, 2024 |
| Issue price | 100.229 |
| Maturity date | June 16, 2034 |
| Joint book-runners | BNP Paribas, Deutsche Bank, UBS |
| Bloomberg | NOVNVX 1.75 6/16/34 |
| Listing | SIX Swiss Exchange |
| Principal amount | CHF 325,000,000 |
| ISIN | CH0270191007 |
| Issuer | Novartis AG, Switzerland |
| Type | Senior unsecured |
| Coupon | 1.050% |
| Coupon payment date | May 11 |
| Documentation | Swiss stand-alone documentation |
| First settlement date | February 13, 2015 |
| Issue price | 100.479 |
| Maturity date | May 11, 2035 |
| Joint book-runners | Credit Suisse, UBS |
| Bloomberg | NOVNVX 1.05 05/11/35 |
| Listing | SIX Swiss Exchange |
| Principal amount | CHF 280,000,000 |
| ISIN | CH1353257830 |
| Issuer | Novartis AG, Switzerland |
| Type | Senior unsecured |
| Coupon | 1.850% |
| Coupon payment date | June 18 |
| Documentation | Swiss stand-alone documentation |
| First settlement date | June 18, 2024 |
| Issue price | 100.268 |
| Maturity date | June 18, 2040 |
| Joint book-runners | BNP Paribas, Deutsche Bank, UBS |
| Bloomberg | NOVNVX 1.85 6/18/40 |
| Listing | SIX Swiss Exchange |
| Principal amount | CHF 190,000,000 |
| ISIN | CH1353257848 |
| Issuer | Novartis AG, Switzerland |
| Type | Senior unsecured |
| Coupon | 1.850% |
| Coupon payment date | June 18 |
| Documentation | Swiss stand-alone documentation |
| First settlement date | June 18, 2024 |
| Issue price | 100.149 |
| Maturity date | June 18, 2049 |
| Joint book-runners | BNP Paribas, Deutsche Bank, UBS |
| Bloomberg | NOVNVX 1.85 6/18/49 |
| Listing | SIX Swiss Exchange |
| Issuer | Amount (in millions) | Coupon | Maturity |
|---|---|---|---|
| Novartis Finance S.A. | 600 | 1.625% | 2026 |
| Novartis Finance S.A. | 600 | 1.125% | 2027 |
| Novartis Finance S.A. | 500 | 0.625% | 2028 |
| Novartis Finance S.A. | 1,850 | 0.000% | 2028 |
| Novartis Finance S.A. | 750 | 1.375% | 2030 |
| Novartis Finance S.A. | 750 | 1.700% | 2038 |
| Principal amount | EUR 600,000,000 |
| ISIN | XS1134729794 |
| Issuer | Novartis Finance S.A., Luxembourg |
| Guarantor | Novartis AG, Switzerland |
| Type | Senior unsecured |
| Coupon | 1.625% |
| Coupon payment date | November 09 |
| Documentation | Standalone |
| First settlement date | November 07, 2014 |
| Issue price | 99.697 |
| Maturity date | November 09, 2026 |
| Joint book-runners | Barclays, BNP Paribas, Deutsche Bank |
| Bloomberg | NOVNVX 1.625 11/09/26 |
| Listing | SIX Swiss Exchange |
| Principal amount | EUR 600,000,000 |
| ISIN | XS1585010074 |
| Issuer | Novartis Finance S.A., Luxembourg |
| Guarantor | Novartis AG, Switzerland |
| Type | Senior unsecured |
| Coupon | 1.125% |
| Coupon payment date | September 30, commencing September 30, 2017 |
| Documentation | Standalone |
| First settlement date | March 31, 2017 |
| Issue price | 99.874 |
| Maturity date | September 30, 2027 |
| Joint book-runners | Barclays, BNP Paribas, Deutsche Bank |
| Bloomberg | NOVNVX 1.125 09/30/27 |
| Listing | SIX Swiss Exchange |
| Principal amount | EUR 500,000,000 |
| ISIN | XS1492825481 |
| Issuer | Novartis Finance S.A., Luxembourg |
| Guarantor | Novartis AG, Switzerland |
| Type | Senior unsecured |
| Coupon | 0.625% |
| Coupon payment date | September 20 |
| Documentation | Standalone |
| First settlement date | September 20, 2016 |
| Issue price | 98.48 |
| Maturity date | September 20, 2028 |
| Joint book-runners | Barclays, BNP Paribas, Deutsche Bank |
| Bloomberg | NOVNVX 0.625 09/20/28 |
| Listing | SIX Swiss Exchange |
| Principal amount | EUR 1,850,000,000 |
| ISIN | XS2235996217 |
| Issuer | Novartis Finance S.A., Luxembourg |
| Guarantor | Novartis AG, Switzerland |
| Type | Senior unsecured |
| Coupon | 0.000% |
| Coupon step-up | Coupon to increase by 25 basis points from 2026 onwards if Novartis does not achieve the 2025 Patient Access Targets |
| Coupon payment date | September 23 |
| Documentation | Standalone |
| First settlement date | September 23, 2020 |
| Issue price | 99.354 |
| Maturity date | September 23, 2028 |
| Joint book-runners | Barclays, HSBC, J.P. Morgan, Societe Generale |
| Bloomberg | NOVNVX 0 09/23/28 |
| Listing | SIX Swiss Exchange |
| Principal amount | EUR 750,000,000 |
| ISIN | XS1769041192 |
| Issuer | Novartis Finance S.A., Luxembourg |
| Guarantor | Novartis AG, Switzerland |
| Type | Senior unsecured |
| Coupon | 1.375% |
| Coupon payment date | August 14 |
| Documentation | Standalone |
| First settlement date | February 14, 2018 |
| Issue price | 99.957 |
| Maturity date | August 14, 2030 |
| Joint book-runners | Barclays, BNP Paribas, Deutsche Bank |
| Bloomberg | NOVNVX 1.375 08/14/30 |
| Listing | SIX Swiss Exchange |
| Principal amount | EUR 750,000,000 |
| ISIN | XS1769041606 |
| Issuer | Novartis Finance S.A., Luxembourg |
| Guarantor | Novartis AG, Switzerland |
| Type | Senior unsecured |
| Coupon | 1.700% |
| Coupon payment date | August 14 |
| Documentation | Standalone |
| First settlement date | February 14, 2018 |
| Issue price | 99.217 |
| Maturity date | August 14, 2038 |
| Joint book-runners | Barclays, BNP Paribas, Deutsche Bank |
| Bloomberg | NOVNVX 1.7 08/14/38 |
| Listing | SIX Swiss Exchange |
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