Smiths Group PLC (SMIN) - Smiths Group closes US$400m bond offering
RNS Number : 6942O
Smiths Group PLC
15 October 2012
London, 15 October 2012
For immediate release
SMITHS GROUP PLC CLOSES US$400M BOND OFFERING
Smiths Group plc today announces that it has closed a US$400 million
dollar-denominated bond offering ("the Notes") following its launch on 5
October 2012. The Notes have a 10-year maturity and were priced at a fixed
coupon of 3.625%.
Smiths Group will use the net proceeds from the Notes for general corporate
purposes and to repay certain existing indebtedness of the Company.
Smiths is a global technology company which is listed on the London Stock
Exchange (SMIN) and operates a sponsored level one ADR programme (SMGZY). A
world leader in the practical application of technologies, Smiths Group
products and services for the threat & contraband detection, medical devices,
energy and communications markets worldwide. Our products and services make
the world safer, healthier and more productive. Smiths Group employs more than
23,000 people in over 50 countries. For more information visit www.smiths.com.
+44 (0)20 7808 5535
+44 (0)20 7808 5534
+44 (0)20 7930 0777
This information is provided by RNS
The company news service from the London Stock Exchange
MSCZMMMGGKKGZZM -0- Oct/15/2012 10:55 GMT
Press spacebar to pause and continue. Press esc to stop.