Colfax to fully redeem notes due 2024, partially redeem notes due 2026

By Taylor Fox

New York, March 25 – Colfax Corp. plans to redeem all of its $600 million outstanding 6% senior notes due 2024 (Cusip: 15723RAA2) and $100 million of its $400 million outstanding 6 3/8% senior notes due 2026 (Cusip: 15723RAC8), according to a news release.

The notes will be redeemed on April 24.

The 2024 notes will be redeemed at 103, and the 2026 notes will be redeemed at 106.375, plus interest in each case.

After the redemption, new 2026 notes in principal amount equal to the unredeemed portion of the original 2026 notes will be issued in the names of holders of those outstanding notes.

Wilmington Trust, NA is the trustee and paying agent.

Colfax is an Annapolis Junction, Md.-based diversified technology company.

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