Company: ABBV
Filing Date: 2025-02-20
Form Type: 424B5
Source: 0001104659-25-015715
Chunk: 23

Company: AbbVie Inc.
Filing Date: 2025-02-20
Form: 424B5
Chunk 23
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 to it. As of December 31, 2024, on a pro forma basis, giving effect to the issuance and sale of the Notes and the application of the estimated net proceeds therefrom (together with cash on hand), including the repurchase, redemption or repayment of the Issuer’s 3.600% senior notes due 2025, the Issuer’s 3.800% senior notes due 2025, and/or the 3.800% senior notes due 2025 of Allergan Funding SCS (formerly known as Actavis Funding SCS), as described in this prospectus supplement, and as if such transactions had occurred on December 31, 2024, AbbVie would have had approximately $64.0 billion of outstanding indebtedness. In addition, AbbVie has unused borrowing capacity of up to $8.0 billion under the Revolving Credit Facilities.

#### Certain Covenants of AbbVie

#### Restrictions on Secured Debt
If AbbVie or any Domestic Subsidiary incurs, issues, assumes or guarantees any indebtedness for borrowed money represented by notes, bonds, debentures or other similar evidences of indebtedness for borrowed money (called “ Debt ”) and that Debt is secured by a Mortgage on any Principal Domestic Property, or any shares of stock or Debt of any Domestic Subsidiary, AbbVie will secure, or cause its Domestic Subsidiary to secure, the Notes equally and ratably with, or prior to, such secured Debt, so long as such secured Debt shall be so secured, unless, after giving effect thereto, the aggregate amount of all such secured Debt plus all Attributable Debt in respect of Sale and Leaseback Transactions involving Principal Domestic Properties (other than Sale and Leaseback Transactions permitted pursuant to the second bullet under the heading “Restrictions on Sales and Leasebacks” below), would not exceed 15% of AbbVie’s Consolidated Net Assets. This restriction will not apply to, and there shall be excluded from secured Debt in any computation under this restriction, Debt secured by:

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Mortgages on property of, or on any shares of stock or Debt of, any Person existing at the time such Person becomes a Domestic Subsidiary;

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Mortgages in favor of AbbVie or any Subsidiary thereof;

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Mortgages on property of AbbVie or a Domestic Subsidiary in favor of the United States of America or any State thereof