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Waters Enters $500M Senior Notes Private Placement

NEW YORK – Waters said in a filing Tuesday with the US Securities and Exchange Commission that it entered a note purchase agreement through which it sold $500 million of senior notes.

The company sold $100 million of senior notes with a fixed interest rate of 1.68 percent and maturing on March 2, 2026, and $400 million of senior notes with a fixed interest rate of 2.25 percent and maturing on March 3, 2031.

Waters said it will use the proceeds of the issuance to repay other outstanding debt and for general corporate purposes.

The Scan

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