Published on 9/20/2010 in the Prospect News Private Placement Daily.
New Issue: Ametek sells £80 million of 10-year 4.68% notes in private placement
By Lisa Kerner
Charlotte, N.C., Sept. 20 - Ametek, Inc. sold £80 million of 4.68% senior notes to an institutional investor in a private placement.
The notes mature on Sept. 17, 2020 and have not been registered, and will not be registered, under the Securities Act of 1933, according to a company news release.
The Paoli, Pa.-based electronic instruments manufacturer said it also repaid a £50 million note that matured on Friday.
| Issuer: | Ametek, Inc.
|
| Issue: | Senior notes
|
| Amount: | £80 million
|
| Maturity: | Sept. 17, 2020
|
| Coupon: | 4.68%
|
| Price: | Par
|
| Announcement date: | Sept. 20
|
| Distribution: | Private placement
|
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