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Published on 7/31/2006 in the Prospect News High Yield Daily.

Invensys buys $187.75 million of 6½% notes due 2010 in tender

By Laura Lutz

Des Moines, July 31 - Invensys plc announced that it received tenders for $187.75 million of its 6½% notes due 2010 by the July 28 expiration date of its tender offer.

That represents 93.88% of the $200 million outstanding notes.

The notes were issued by Siebe, plc, the former name of the company.

The company expects to make payment on Aug. 2.

Deutsche Bank AG, London Branch (+44 20 7545 8011) acted as exclusive dealer manager.

Invensys is a London-based automation, controls and process services company.


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