Teleflex to pay down $245 million under revolver via notes proceeds

By Toni Weeks

San Luis Obispo, Calif., May 16 - Teleflex Inc. plans to use the proceeds of an offering of senior notes to repay about $245 million of borrowings under its revolving credit facility, according to an announcement.

The company priced $250 million of 5¼% senior notes due 2024 at par on Friday.

Teleflex is a Limerick, Pa.-based surgical equipment manufacturer.

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