Amphenol talks single tranche of 10-year senior notes in Treasuries plus 110 bps area

By Cristal Cody

Chicago, Sept. 7 – Amphenol Corp. has announced a planned sale of fixed-rate senior notes with a 10-year tenor in a 424B3 filing with the Securities and Exchange Commission on Tuesday morning.

A market source noted that the offering was being marketed with a spread in the Treasuries plus 110 basis points area.

The company must offer to repurchase the notes at 101 if a change-of-control repurchase event happens.

The notes have a make-whole call and a par call.

Citigroup Global Markets Inc., MUFG and TD Securities (USA) LLC are leading the deal. Barclays, BofA Securities, Inc. and J.P. Morgan Securities LLC are also listed as bookrunners.

Bank of New York Mellon is the trustee.

Latham & Watkins LLP is advising the issuer.

Proceeds will be used to repay borrowings under the company’s U.S. commercial paper program.

The designer, manufacturer and marketer of electric, electronic and fiber optic components is based in Wallingford, Conn.

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