Teleflex to repay $491.2 million of revolver debt via note proceeds

By Sarah Lizee

Olympia, Wash., Nov. 16 – Teleflex Inc. plans to repay about $491.2 million of borrowings under its revolving credit facility using proceeds from a new offering of senior notes, according to a press release.

The company said on Thursday that it plans to offer $500 million of senior notes due 2027.

J.P. Morgan, BofA Merrill Lynch and PNC Capital Markets LLC are the bookrunning managers for the offering.

Teleflex is a Wayne, Pa.-based provider of medical technologies.

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