Teleflex to pay down credit facility borrowings with notes proceeds

By Sara Rosenberg

New York, June 1 - Teleflex Inc. plans on prepaying $125 million of debt under its credit facility using proceeds from a $250 million senior subordinated unsecured notes offering, according to a news release.

Remaining proceeds will be used for general corporate purposes, which may include capital expenditures, acquisitions and additional repayment of debt.

Teleflex is a Limerick, Pa.-based provider of specialty medical devices for a range of procedures in critical care and surgery.

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