Praxair calls $325 million of 5.2% notes on Feb. 29

By Tanya Meyer

Chicago, Feb. 9 – Praxair, Inc. announced plans to redeem all $325 million of its 5.2% notes due March 15, 2017.

The notes, originally issued on March 15, 2007, will be redeemed on Feb. 29 at par plus the make-whole premium accrued interest up to, but excluding, the redemption date, according to a notice.

The make-whole premium will be based on a spread of 15 basis points over Treasuries.

U.S. Bank, NA is the trustee and tender agent.

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