Illumina has established an unsecured commercial paper program under which it can issue short-term notes totaling up to $1 billion outstanding at any time, according to an Oct. 8 filing with the US Securities and Exchange Commission.
Illumina Sets Up Commercial Paper Program to Borrow Up to $1B
Illumina has set itself up to borrow up to $1 billion in short-term loans with proceeds going towards general corporate purposes.