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Teleflex nets $395mm in public senior notes offering
17 May 2016
Executive Summary
Critical care and surgical devices firm Teleflex Inc. (offers products for vascular access, respiratory and cardiac, anesthesia, general surgical, and urology procedures) netted $395mm through the public sale of $400mm of its 4.875% senior notes due 2026 at an issue price of 100%. The company will use about $393mm of the proceeds to repay a portion of outstanding debt under its revolving credit facility.
Deal Industry
- Medical Devices
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Medical Devices
- Implantable Devices
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Surgical Equipment & Devices
- Minimally or Less Invasive
Deal Status
- Final
Deal Type
-
Financing
- FOPO
- Nonconvertible Debt
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