Thermo Fisher Scientific Prices Offering of Senior Notes
November 30 2015 - 5:24PM
Business Wire
Thermo Fisher Scientific Inc. (NYSE: TMO) announced today that
it has priced an offering of $450 million aggregate principal
amount of 2.150% senior notes due 2018 at an issue price of 99.997%
of the principal amount and $350 million aggregate principal amount
of 3.650% senior notes due 2025 at an issue price of 99.858% of the
principal amount.
The issuance of the notes is expected to close on or about
December 9, 2015, subject to customary closing conditions. The
notes will pay interest on a semi-annual basis.
Thermo Fisher plans to use the net proceeds of the offering to
redeem all of the outstanding $900 million aggregate principal
amount of its 3.20% senior notes that mature on March 1, 2016.
The joint book-running managers for the offering are Goldman,
Sachs & Co., J.P. Morgan Securities LLC and Mizuho Securities
USA Inc.
The offering is being made pursuant to an effective registration
statement on Form S-3 (including a prospectus) filed with the U.S.
Securities and Exchange Commission (the “SEC”). Prospective
investors should read the prospectus forming a part of that
registration statement and the prospectus supplement related to the
offering and the other documents that the company has filed with
the SEC for more complete information about the company and this
offering. These documents are available at no charge by visiting
EDGAR on the SEC website at www.sec.gov. Alternatively, Thermo
Fisher, the underwriters or any dealer participating in this
offering will arrange to send you the prospectus if you request it
by calling Goldman, Sachs & Co toll-free at 1-866-471-2526; by
calling J.P. Morgan Securities at 1-212-834-4533; or by calling
Mizuho Securities USA Inc. toll-free at 1-866-271-7403.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy the notes, nor shall there be any
offer, solicitation or sale of the notes in any jurisdiction in
which such offer, solicitation or sale would be unlawful prior to
the registration or qualification under the securities laws of any
such jurisdiction.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995, including, but not limited to, statements about the company’s
intended use of proceeds. These statements involve a number of
risks and uncertainties that could cause actual results to differ
materially from currently anticipated results, including risks and
uncertainties relating to capital markets conditions and completion
of the offering. Additional important factors and information
regarding Thermo Fisher’s business that could cause actual results
to differ materially from those indicated by such forward-looking
statements are set forth in the prospectus and prospectus
supplement dated November 30, 2015 related to the offering, which
is on file with the SEC and available in the “Investors” section of
our website under the heading “SEC Filings,” and the documents
incorporated by reference into the prospectus and prospectus
supplement. While we may elect to update forward-looking statements
at some point in the future, we specifically disclaim any
obligation to do so, even if circumstances change and, therefore,
you should not rely on these forward-looking statements as
representing our views as of any date subsequent to today.
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version on businesswire.com: http://www.businesswire.com/news/home/20151130006365/en/
Media Contact Information:Thermo Fisher ScientificRon O’Brien,
781-622-1242ron.obrien@thermofisher.comorInvestor Contact
Information:Ken Apicerno,
781-622-1294ken.apicerno@thermofisher.com
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