Teleflex Commences $500M Private Offering of Senior Notes
Teleflex Incorporated announced the commencement of a private offering of $500M aggregate principal amount of senior notes due 2032, subject to market and other conditions. The interest rate and other terms of the Notes will be determined at pricing. The Notes will be guaranteed by each of Teleflex's existing and future wholly-owned domestic subsidiaries that is a guarantor or other obligor under its credit agreement and certain other indebtedness. Teleflex intends to use the net proceeds from the offering, together with cash on hand, to redeem all of its outstanding 4.625% Senior Notes due 2027.
