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Smiths Group PLC SMIN Smiths Group closes US$400m bond offering



  Smiths Group PLC (SMIN) - Smiths Group closes US$400m bond offering

RNS Number : 6942O
Smiths Group PLC
15 October 2012
 

 

News Release

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 Group

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.

 

 

Investor Relations

Peter Durman
+44 (0)20 7808 5535

 

Media Relations

Colin McSeveny
+44 (0)20 7808 5534

 

Cardew Group

Anthony Cardew
+44 (0)20 7930 0777

 

 

 

 

 

 

 

                     This information is provided by RNS
           The company news service from the London Stock Exchange
 
END
 
 
MSCZMMMGGKKGZZM -0- Oct/15/2012 10:55 GMT
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