Praxair to offer guaranteed notes in tranches due 2030, 2050

Chicago, Aug. 3 – Praxair, Inc. plans to offer guaranteed notes in tranches due 2030 and 2050, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by parent Linde plc.

The offering will feature a make-whole call and a par call.

Joint bookrunners for the offering are BofA Securities Inc., Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Mizuho Securities USA Inc. and Wells Fargo Securities, LLC.

Proceeds will be used for the redemption, repurchase or repayment at maturity of the company’s 4.05% notes due March 15, 2021 and the 3% notes due Sept. 1, 2021. Any remaining proceeds will be used for general corporate purposes.

Praxair is a Danbury, Conn.-based industrial gas supplier.

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