Thermo Fisher to redeem 3.5% notes due 2016 with proceeds of new notes

By Wendy Van Sickle

Columbus, Ohio, Nov. 13 – Thermo Fisher Scientific Inc. will redeem all $400 million of outstanding 3.5% senior notes due Jan. 15, 2016 issued by Life Technologies Corp. with some proceeds from an offering of €425 million of 1.5% senior notes due 2020, according to a press release.

The remaining proceeds will be used for general corporate purposes. The issuance of the new notes is expected to close on Nov. 24.

Waltham, Mass.-based Thermo Fisher is a science technology company.

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