ABBV - It was a bad quarter for debt
$AbbVie(ABBV)$ 10-Q is out
It was a bad quarter for debt that had previously been on good track
$3 B repaid at maturity (3.8% rate)
$4 B new debt issued (4.65% to 5.6%)
Short term borrowing $1.6 B
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ABBV debt details for 1Q´25
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ABBV FCF worsened resulting in new debt
1Q YoY
OCF-60% (working capital and litigation costs)
FCF -64%
Past 4 FY and TTM:
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