Rockwell Automation Prices $600 Million of Notes Offering
February 12 2015 - 11:03AM
Business Wire
Rockwell Automation Inc., (NYSE: ROK) today announced that on
February 11, 2015 it priced notes in an aggregate principal amount
of $600 million, in an underwritten, registered public
offering.
One series, consisting of $300 million of notes, will mature in
March 2020 and will bear interest at an annual rate of 2.050
percent. A second series, consisting of $300 million of notes, will
mature in March 2025 and will bear interest at an annual rate of
2.875 percent. The offering is expected to close on February 17,
2015, subject to customary closing conditions.
Rockwell Automation intends to use the net proceeds from the
offering to repay outstanding commercial paper and for general
corporate purposes.
Goldman, Sachs & Co., J.P. Morgan Securities LLC and Merrill
Lynch, Pierce, Fenner & Smith Incorporated acted as joint
book-running managers for the offering.
BMO Capital Markets Corp., BNY Mellon Capital Markets, LLC,
Citigroup Global Markets Inc., Deutsche Bank Securities Inc., PNC
Capital Markets LLC, U.S. Bancorp Investments, Inc., Wells Fargo
Securities, LLC and The Williams Capital Group, L.P. acted as
senior co-managers. Comerica Securities, Inc., ING Financial
Markets LLC, Lloyds Securities Inc. and TD Securities (USA) LLC
acted as co-managers.
Copies of the prospectus supplement and the accompanying
prospectus relating to the offering can be obtained from:
Goldman, Sachs & Co.Prospectus Department200 West StreetNew
York, NY 10282Telephone
+1-866-471-2526prospectus-ny@ny.email.gs.com
J.P. Morgan Securities LLCAttn: Investment Grade Syndicate Desk,
3rd Floor383 Madison AvenueNew York, NY 10017Facsimile
+1-212-834-6081
Merrill Lynch, Pierce, Fenner & Smith IncorporatedAttn:
Prospectus Department222 BroadwayNew York, NY 10038Telephone
+1-800-294-1322dg.prospectus_requests@baml.com
Electronic copies of the prospectus supplement and accompanying
prospectus are also available on the Securities & Exchange
Commission website at www.sec.gov. This news release is not an
offer to sell and is not soliciting an offer to buy any of the
securities, nor will there be any offer or sale of the securities
in any jurisdiction where the offer or sale is not permitted.
Rockwell Automation, Inc. (NYSE: ROK), the world’s largest
company dedicated to industrial automation and information, makes
its customers more productive and the world more sustainable.
Headquartered in Milwaukee, Wis., Rockwell Automation employs about
22,500 people serving customers in more than 80 countries.
Rockwell AutomationKeith Lester, 414-382-4871Media
RelationsorRondi Rohr-Dralle, 414-382-8510Investor Relations
Rockwell Automation (NYSE:ROK)
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