15 October 2012
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.
Related articles
Smiths Group appoints Kini Pathmanathan as Head of Smiths Excellence & Sustainability
Find out more
Smiths Detection to supply Belfast International Airport with 3D X-ray scanners
Find out more
Smiths Detection launches X-ray Diffraction technology to combat illegal narcotics and contraband trafficking
Find out more