Smiths Group plc closes EUR600m bond offering

Smiths Group plc announces that it has closed the EUR600 million senior bond offering ("the Notes") following its launch and pricing on 23 April 2015. The Notes have an 8-year maturity and were priced at a fixed coupon of 1.25%.

Smiths Group will use the net proceeds from the Notes for general corporate funding purposes and to repay certain existing debt.