Tyco International Ltd. Completes Exchange Offer for 6% Notes Due 2013
May 05 2004 - 2:21PM
PR Newswire (US)
Tyco International Ltd. Completes Exchange Offer for 6% Notes Due
2013 PEMBROKE, Bermuda, May 5 /PRNewswire-FirstCall/ -- Tyco
International Ltd. today announced that Tyco International Group
S.A. has completed its offer to exchange all of its outstanding 6%
Notes due 2013 (the "Outstanding Notes") for its newly issued 6%
Notes due 2013. This transaction, as amended, has been registered
under the Securities Act of 1933. The Outstanding Notes were issued
pursuant to Rule 144A and Regulation S on Nov. 12, 2003. All
$1,000,000,000 Outstanding Notes were tendered, subject to delivery
of Outstanding Notes tendered by guaranteed delivery. The exchange
offer expired at 5 p.m., ET, on May 3, 2004. This announcement is
not an offer to sell any securities or a solicitation of any offer
to buy any securities. The exchange offer was made solely by means
of a prospectus dated March 26, 2004. Tyco International Ltd. is a
global, diversified company that provides vital products and
services to customers in five business segments: Fire &
Security, Electronics, Healthcare, Engineered Products &
Services, and Plastics & Adhesives. With 2003 revenue of $37
billion, Tyco employs 260,000 people worldwide. More information on
Tyco can be found at http://www.tyco.com/. FORWARD-LOOKING
STATEMENTS This release may contain certain "forward-looking
statements" within the meaning of the United States Private
Securities Litigation Reform Act of 1995. These statements are
based on management's current expectations and are subject to
risks, uncertainty and changes in circumstances, which may cause
actual results, performance or achievements to differ materially
from anticipated results, performance or achievements. All
statements contained herein that are not clearly historical in
nature are forward-looking and the words "anticipate," "believe,"
"expect," "estimate," "plan," and similar expressions are generally
intended to identify forward-looking statements. The
forward-looking statements in this release include statements
addressing the following subjects: future financial condition and
operating results. Economic, business, competitive and/or
regulatory factors affecting Tyco's businesses are examples of
factors, among others, that could cause actual results to differ
materially from those described in the forward-looking statements.
More detailed information about these and other factors is set
forth in Tyco's Quarterly Report on Form 10-Q for the fiscal
quarter ended December 31, 2003. Tyco is under no obligation to
(and expressly disclaims any such obligation to) update or alter
its forward-looking statements whether as a result of new
information, future events or otherwise. DATASOURCE: Tyco
International Ltd. CONTACT: News Media: Gwen Fisher,
+1-609-720-4387, Investor Relations: Ed Arditte, +1-609-720-4621,
or John Roselli, +1-609-720-4624, all of Tyco International Ltd.
Web site: http://www.tyco.com/ Company News On-Call:
http://www.prnewswire.com/comp/897850.html
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