Agilent to repay $235 million of revolver debt with new note offering

By Tali Rackner

Norfolk, Va., Sept. 15 – Agilent Technologies, Inc. plans to repay all amounts outstanding under its revolving credit facility maturing Sept. 15, 2019, with the net proceeds from a new offering of senior notes due 2026, according to a 424B3 filing with the Securities and Exchange Commission.

Proceeds will also be used for general corporate purposes.

As of July 31, there was $235 million outstanding under the revolver. All of that debt was incurred for working capital and general corporate purposes, the filing said.

Agilent is based in Santa Clara, Calif., and provides bio-analytic and electronic measurement solutions.

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