Invensys says €452 million 5½% notes tendered

New York, March 8 - Invensys plc said €452.105 million of its €500 million principal amount of 5½% notes due April 1, 2005 were tendered by holders.

As a result, the London-based engineering company now has €47.895 million of the notes still outstanding.

Invensys began the tender offer on Feb. 16 as part of its refinancing plan, which also included the issuance of £600 million equivalent of seven-year senior notes in dollar and euro tranches. The new notes were priced to yield 10¼%.

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