Last checked at 29 Apr 2015 07:00
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.
END
Investor Relations
Peter Durman+44 (0)20 7808 5535 / +44 7825 145 336
Media Relations
Colin McSeveny+44 (0)20 7808 5534
Cardew Group
Anthony Cardew+44 (0)20 7930 0777
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