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Thermo Fisher Issues $800M of Senior Notes

NEW YORK (GenomeWeb) – Thermo Fisher Scientific issued $800 million in aggregate principal amount of 3.3 percent senior notes due in 2022, the company said in a document filed with the US Securities and Exchange Commission on Friday after the close of the market. 

The company announced its plans to offer the dollar-denominated notes and then priced them earlier this month. The company will use net proceeds principally to pay back debt, including the $400 million aggregate principal amount of its 3.25 percent senior notes due 2014 that mature on Nov. 20, it said. The company has also filed a registration document with the SEC for a euro-denominated offering of its senior notes due in 2025. 

The joint book-running managers for the offering are Merrill Lynch, Pierce, Fenner & Smith; Mitsubishi UFJ Securities; Citigroup Global Markets; and Credit Suisse Securities.