Zimmer Holdings (ZMH) Announces Shelf Registration for Unspecified Amount

November 12, 2009 9:09 AM EST

Zimmer Holdings, Inc. (NYSE: ZMH) announced today that it has filed with the Securities and Exchange Commission an automatic shelf registration statement on Form S-3 registering the offering and sale of an unspecified amount of equity and debt securities and that it intends, subject to market conditions, to commence a public offering of senior notes of a benchmark size.

The Company intends to use the net proceeds of the offering to repay the outstanding U.S. dollar balance of its credit facility and for general corporate purposes, including the financing of its stock repurchase program.

Banc of America Securities LLC, Citigroup Global Markets Inc. and J.P. Morgan Securities Inc. are serving as active joint book-running managers of the offering.


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