Amphenol Corporation Announces Pricing of €500 Million Senior Notes
April 28 2020 - 4:21PM
Business Wire
Amphenol Corporation (NYSE:APH) (“Amphenol”) announced today the
pricing of an offering of €500 million senior notes due 2026 (the
“Notes”) to be issued by its wholly owned subsidiary, Amphenol
Technologies Holding GmbH. The Notes will be guaranteed on a senior
unsecured basis by Amphenol. The Notes will have an interest rate
of 0.750% per annum. The closing of the offering is expected to
occur on May 4, 2020, subject to the satisfaction of customary
closing conditions.
Amphenol intends to use the net proceeds of this offering to
repay amounts outstanding under its revolving credit facility.
The Notes (and related guarantee) are being offered to certain
non-U.S. persons in transactions outside the United States in
reliance on Regulation S under the Securities Act of 1933 (the
“Securities Act”). The Notes (and related guarantee) have not been,
and will not be, registered under the Securities Act or the
securities laws of any state or other jurisdiction and may not be
offered or sold absent registration or an applicable exemption from
the registration requirements under the Securities Act and any
applicable securities laws of any state or other jurisdiction. The
Notes are expected to be listed on the Official List of Euronext
Dublin and trade on the Global Exchange Market thereof.
This press release does not constitute an offer to sell or a
solicitation of an offer to buy any of the Notes, nor will there be
any sale of the Notes in any jurisdiction in which such offer,
solicitation or sale would be unlawful prior to the registration or
qualification under the applicable securities laws of any such
jurisdiction.
This press release contains information about pending
transactions, and there can be no assurance that these transactions
will be completed.
About Amphenol Amphenol is
one of the world’s largest designers, manufacturers and marketers
of electrical, electronic and fiber optic connectors, interconnect
systems, antennas, sensors and sensor-based products and coaxial
and high-speed specialty cable. Amphenol designs, manufactures and
assembles its products at facilities in the Americas, Europe, Asia,
Australia and Africa and sells its products through its own global
sales force, independent representatives and a global network of
electronics distributors. Amphenol has a diversified presence as a
leader in high growth areas of the interconnect market including:
Automotive, Broadband Communications, Commercial Aerospace,
Industrial, Information Technology and Data Communications,
Military, Mobile Devices and Mobile Networks.
Forward-Looking Statements
Statements in this press release that are other than historical
facts are intended to be “forward-looking statements” within the
meaning of the Securities Exchange Act of 1934, as amended, the
Private Securities Litigation Reform Act of 1995 and other related
laws. While Amphenol believes such statements are reasonable, the
actual results and effects could differ materially from those
currently anticipated. Please refer to Part I, Item 1A of
Amphenol’s Form 10-K for the year ended December 31, 2019 and Part
II, Item 1A of Amphenol’s Form 10-Q for the quarterly period ended
March 31, 2020 for some factors that could cause the actual results
to differ from estimates. In providing forward-looking statements,
Amphenol is not undertaking any duty or obligation to update these
statements publicly as a result of new information, future events
or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20200428006004/en/
Craig A. Lampo Senior Vice President and Chief Financial Officer
203-265-8625 www.amphenol.com
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