Hologic announces $950M principal due 2029

By AuntMinnie.com staff writers

September 14, 2020 -- Hologic announced a private offering of $950 million aggregate principal amount of senior notes due 2029.

The amount is subject to the market and other conditions, according to the company. Hologic is limiting notes availability to qualified institutional buyers.

Hologic intends to use the proceeds and existing available cash to refinance its current 4.375% senior unsecured notes due 2025. It will also use current cash to pay for associated premiums, fees, and expenses.

The company currently plans to redeem its 2025 notes around October 15 for a redemption price of $971 million and a final interest payment.

Copyright © 2020 AuntMinnie.com

To read this and get access to all of the exclusive content on AuntMinnie.com create a free account or sign-in now.

Member Sign In:
MemberID or Email Address:  
Do you have a AuntMinnie.com password?
No, I want a free membership.
Yes, I have a password:  
Forgot your password?
Sign in using your social networking account:
Sign in using your social networking