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Article: Amphenol Corporation Announces Pricing of $600 Million of Senior Notes.
- Article from:
- Electronics Newsweekly
- Article date:
- November 11, 2009
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Amphenol Corporation (NYSE-APH) announced the pricing of its offering of $600 million aggregate principal amount of senior notes due 2014 (the "Notes"). The Notes will have an interest rate of 4.75% per annum and are being issued at a price equal to 99.813% of their face value. The closing of the offering is expected to occur on November 5, 2009, subject to customary closing conditions.
The Company intends to use all of the net proceeds from the offering to repay amounts outstanding under its revolving credit facility.
Banc of America Securities LLC and J.P. Morgan Securities Inc. are acting as active book-running managers, and Deutsche Bank Securities ...