Praxair Prices €600 Million of 1.500% Notes Due 2020
March 04 2014 - 2:34PM
Business Wire
Praxair, Inc. (NYSE:PX) has priced €600 million of 1.500% notes
due March 11, 2020. The notes are being offered under its shelf
registration statement filed with the U.S. Securities and Exchange
Commission. The offering is led by Credit Suisse Securities
(Europe) Limited, Deutsche Bank AG, London Branch and HSBC Bank
plc.
The offering is expected to close on March 11, 2014. The company
anticipates using the proceeds of the offering for general
corporate purposes, including repayment of debt and share
repurchases under our share repurchase program. Prior to that use,
the net proceeds may be invested in short-term investments.
Nothing herein shall constitute an offer to sell or the
solicitation of an offer to buy the securities, nor shall there be
any sale of the securities in any state or jurisdiction in which
such offer, solicitation or sale would be unlawful. The offering is
being made by means of a prospectus and related prospectus
supplement only, copies of which or information concerning this
offering may be obtained by contacting Credit Suisse Securities
(Europe) Limited, One Cabot Square, London, E14 4QJ, Telephone:
1-800-221-1037, Deutsche Bank AG, London Branch, Winchester House,
1 Great Winchester Street, London EC2N 2DB, Telephone:
1-800-503-4611 and HSBC Bank plc, 8 Canada Square, Canary Wharf,
London E14 5HQ, Telephone: 1-866-811-8049.
About Praxair
Praxair, Inc., a Fortune 250 company with 2013 sales of $12
billion, is the largest industrial gases company in North and South
America and one of the largest worldwide. The company produces,
sells and distributes atmospheric, process and specialty gases, and
high-performance surface coatings. Praxair products, services and
technologies are making our planet more productive by bringing
efficiency and environmental benefits to a wide variety of
industries, including aerospace, chemicals, food and beverage,
electronics, energy, healthcare, manufacturing, metals and many
others. More information about Praxair, Inc. is available at
www.praxair.com.
Praxair, Inc.Media:Jason Stewart, 203-837-2448orInvestors:Kelcey
Hoyt, 203-837-2118
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