Smith & Nephew plc announced that it has completed the pricing of EUR 500,000,000 4.565% Notes due 2029 (the "Notes"). The proceeds to Smith+Nephew (after expenses and underwriting discounts) of EUR 495,955,637 from the Notes will be used for general corporate purposes, including repayment of the amounts outstanding under Smith+Nephew's €265 million term loan due April 2023 and €223 million term loan due May 2023, including fees and expenses related thereto. The offering is scheduled to close on 11 October 2022, subject to the satisfaction of customary conditions.