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.
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