Organon announced that it, together with Organon Foreign Debt Co-Issuer B.V., a direct wholly-owned subsidiary of Organon, as co-issuer (the ?Co-Issuer? and, together with Organon, the ?Companies?), plan to offer, subject to market conditions, $500 million of senior secured notes due 2034 (the ?secured notes?) and $500 million of senior unsecured notes due 2034 (the ?unsecured notes? and, together with the Secured Notes the ?notes?).

Each series of notes will be guaranteed by each of the entities that guarantees the Companies? existing senior secured credit facilities (the ?Credit Facilities?). The notes offering is expected to be a leverage-neutral transaction.