Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers E > Headlines for Emerson Electric Co. > News item |
Emerson Electric to price 10-year notes in Thursday's session
By Andrea Heisinger
New York, Feb. 14 - Emerson Electric Co. is in Thursday's market with a sale of 10-year notes (A2/A/), according to a 424B3 filing with the Securities and Exchange Commission.
The bookrunners are Citigroup Global Markets Inc., Deutsche Bank Securities Inc. and J.P. Morgan Securities LLC.
Proceeds will be used for general corporate purposes including repayment of commercial paper borrowings.
Emerson was last in the U.S. bond market with a $600 million sale in two maturities on Nov. 10, 2009.
The engineering company is based in Ferguson, Mo.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.