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Published on 1/13/2022 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Smiths Group calls $400 million 3.625% notes due 2022

By Marisa Wong

Los Angeles, Jan. 13 – Smiths Group plc issued a notice of optional redemption for its $400 million 3.625% guaranteed notes due 2022 (Cusip: 83238PAD6, G82401AH6) guaranteed by Smiths Group International Holdings Ltd.

The notes will be redeemed on Feb. 17.

The redemption price, based on Treasuries plus 30 basis points, will be determined on Feb. 14.

The company will also pay accrued interest.

The engineering firm is based in London.


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