By Lisa Kerner
Charlotte, N.C., March 2 - Waters Corp. issued and sold $100 million principal amount of 5.4% series B senior notes due Feb. 1, 2020 to accredited institutional investors in a private placement on Monday, according to a form 8-K filed with the Securities and Exchange Commission.
The company said it plans to use the proceeds to repay other outstanding debt and for general corporate purposes.
Waters is an analytical instrument manufacturer based in Milford, Mass.
| Issuer: | Waters Corp.
|
| Issue: | Series B notes
|
| Amount: | $100 million
|
| Maturity: | Feb. 1, 2020
|
| Coupon: | 5.4%
|
| Settlement date: | March 1
|
| Distribution: | Private placement
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
