Spectris PLC $400m US Private Placement
12 November 2024 - 12:01AM
RNS Regulatory News
RNS Number : 7471L
Spectris PLC
11 November 2024
11
NOVEMBER 2024
SPECTRIS
PLC
$400m US Private Placement
Spectris plc (SXS: LSE), the expert
in providing insight through precision measurement, today
announces the successful completion of a
$400m issue of US Private Placement ("USPP") notes, following a
competitive process.
The issuance, on investment grade
terms, refinances the $400m bridge facility that was entered into
for acquisition purposes. The USPP debt comprises USD and EUR
tranches with maturities between 5 and 10 years, issued at average
rates of 5.15% for USD and 3.66% for EUR.
END
Contacts:
Spectris plc
Mathew Wootton
Investor Relations
Director
+44 7500 078 880
Teneo
Martin Robinson/Giles
Kernick
+44 20 7353 4200
About Spectris
Spectris combines precision with
purpose, delivering progress for a more sustainable world. We
provide critical insights to our customers through premium
precision measurement solutions combined with technical expertise
and deep domain knowledge. Precision is at the heart of what we do
- our leading, high-tech instruments and software equip our
customers to solve some of their greatest challenges to make the
world cleaner, healthier and more productive. We are focused on two
key divisions - Spectris Scientific and Spectris Dynamics, which
are placed in technology-driven end markets, with strong
fundamentals and attractive growth trajectories. We have
leading market positions in premium segments and employ 7,600
people located in more than 30 countries, all united behind our
purpose to deliver value beyond measure for all our stakeholders.
For more information, visit www.spectris.com.
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END
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