- TE Connectivity (NYSE:TEL) said that its wholly owned subsidiary, Tyco Electronics Group priced an offering of $350M aggregate principal amount of its 4.625% senior notes due 2030.
- The $350M senior notes due 2030 will be issued at a price of 99.459% and will have a stated interest rate of 4.625% per year, payable semi-annually.
- Net proceeds will be used for general corporate purposes, which may include the repayment of outstanding debt.
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