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Reading: TE Connectivity prices $350M senior notes (NYSE:TEL)
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News Junction > Blog > Business > TE Connectivity prices $350M senior notes (NYSE:TEL)
TE Connectivity prices 0M senior notes (NYSE:TEL)
Business

TE Connectivity prices $350M senior notes (NYSE:TEL)

Published July 31, 2024
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  • 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.

#Connectivity #prices #350M #senior #notes #NYSETEL

TAGGED:350MconnectivitynotesNYSETELpricesSenior
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