NEW YORK (GenomeWeb News) – Waters disclosed in a filing with the US Securities and Exchange Commission Wednesday that it has privately placed $200 million of senior notes with institutional investors.
The firm sold three series of notes: $50 million of Series C Senior Notes with a fixed rate interest of 2.5 percent and maturing on March 15, 2016; $100 million of Series D Senior Notes with an interest rate of 3.22 percent and maturing on March 15, 2018; and $50 million of Series E Senior Notes with an interest rate of 3.97 percent and maturing on March 15, 2021.
Waters said that it will use proceeds from the offering to repay other outstanding debt and for general corporate purposes.