Amphenol Corp prices offering of USD600m senior notes due 2014
Oct 30, 2009 (M2 EQUITYBITES via COMTEX) --
Company: Amphenol Corp. (APH)
Amphenol Corporation (NYSE:APH), a supplier of electronic and fibre optic connectors, cable and interconnect systems, has priced its offering of USD600m aggregate principal amount of senior notes due 2014, the company reported on Thursday.
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 proceeds will be used by Amphenol to repay amounts outstanding under its revolving credit facility.
The offering is expected to be closed on 5 November 2009, subject to customary closing conditions.
Banc of America Securities LLC and J.P. Morgan Securities Inc are acting as active book-running managers for the offering, while Deutsche Bank Securities Inc and Wells Fargo Securities LLC are acting as passive book-running managers.
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Company: Amphenol Corp. (APH)
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