Teleflex prices $500 million senior notes offering at 5.875%

Teleflex Incorporated (NYSE: TFX) announced it priced a private offering of $500 million in senior notes due 2032 at a 5.875% interest rate and an issue price of 100.000%.

The Wayne, Pennsylvania-based medical technology company expects the sale to close on June 15, 2026, subject to customary closing conditions. The notes will be guaranteed by Teleflex's existing and future wholly-owned domestic subsidiaries that serve as guarantors under its credit agreement.

Teleflex plans to use the net proceeds from the offering, along with cash on hand, to redeem all outstanding 4.625% Senior Notes due 2027.

The offering will be conducted as a private transaction under an exemption from Securities Act registration requirements. The notes will be sold only to qualified institutional buyers in the United States and to certain non-U.S. persons in transactions outside the United States.

The notes and related guarantees have not been registered under the Securities Act and may not be offered or sold in the United States without registration or an applicable exemption from registration requirements.

You May Also Be Interested In

• Dynatrace plans to pursue FedRAMP High government security status
• Cumberland Farms files for IPO on Nasdaq under ticker CMBY
• Jabil files mixed shelf offering with SEC, size undisclosed