$400m US Private Placement
Updated : 13:02
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.
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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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