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Airgas Inc Selling $250 Million In Five-Year Notes

By Katy Burne Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- Airgas Inc. (ARG), a distributor of industrial, medical and specialty gases as well as safety products, came to market Tuesday to sell $250 million in five-year notes. The Radnor, Pa.-based company said it plans to use proceeds of the sale to fund acquisitions and repay existing debt. Earlier this month, Airgas announced intentions to buy back $300 million of common stock, with the timing of the move dependent on market conditions and its share price. It is funding the buybacks with its credit facilities. Also in May, the company closed on its purchase of Pain Enterprises Inc., a maker and distributor of dry ice and liquid carbon dioxide. Tuesday's bond sale is being led by Bank of America Merrill Lynch, Goldman Sachs & Co. and Wells Fargo Securities as joint bookrunning managers. -By Katy Burne, Dow Jones Newswires; 212-416-3084;

Stock News for Airgas (ARG)
10/01/201519:00:54Statement of Changes in Beneficial Ownership (4)
10/01/201519:00:23Statement of Changes in Beneficial Ownership (4)
10/01/201519:00:23Statement of Changes in Beneficial Ownership (4)
10/01/201518:59:57Statement of Changes in Beneficial Ownership (4)
09/17/201510:32:41Statement of Changes in Beneficial Ownership (4)
09/16/201511:00:00Airgas Announces Second Quarter Earnings Release Schedule
08/27/201518:04:01Statement of Changes in Beneficial Ownership (4)
08/20/201518:36:51Amended Statement of Changes in Beneficial Ownership (4/a)
08/20/201513:57:34Statement of Changes in Beneficial Ownership (4)
08/17/201516:38:35Statement of Changes in Beneficial Ownership (4)
08/14/201511:32:40Initial Statement of Beneficial Ownership (3)
08/14/201511:30:30Initial Statement of Beneficial Ownership (3)
08/13/201516:20:10Current Report Filing (8-k)
08/13/201516:05:00Airgas Announces Redemption of 3.25% Notes Due October 2015
08/11/201516:15:00Airgas Names Joseph P. Sullivan President – Airgas Specialty P...
08/11/201511:19:21Current Report Filing (8-k)
08/10/201516:30:00Airgas Awarded with Top Three Supplier Awards by Eastman Chemical...
08/07/201515:09:42Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
08/07/201515:07:52Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
08/07/201511:00:00Airgas Names Nicole L. Kahny Senior Vice President – Human R...

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