Smiths Group plc closes EUR600m bond offering

RNS Number : 5431L

Smiths Group PLC

29 April 2015

 



 

News Release

London, 29 April 2015

For immediate release

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.

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Investor Relations

Peter Durman
[phone] / [phone]

Media Relations

Colin McSeveny
[phone]

Cardew Group

Anthony Cardew
[phone]

Smiths Group

Smiths is a global technology company listed on the London Stock Exchange (SMIN) and operates a sponsored level one ADR programme (SMGZY). A world leader in the practical application of advanced technologies, Smiths Group delivers products and services for the threat & contraband detection, medical devices, energy and communications markets worldwide. Our products and services make the world safer, healthier and more productive. Smiths Group employs around 23,000 people in over 50 countries. For more information visit www.smiths.com

 

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