By Andrea Heisinger
New York, Oct. 30 - Amphenol Corp. priced $600 million of 4.75% five-year senior unsecured notes at Treasuries plus 237.5 basis points, according to an FWP filing with the Securities and Exchange Commission.
The notes (Baa3/BBB-/) priced at 99.813 to yield 4.792%. They feature a change-of-control put of 101% and have a make-whole call at Treasuries plus 35 bps.
Bank of America Merrill Lynch, J.P. Morgan Securities Inc., Deutsche Bank Securities Inc. and Wells Fargo Securities were bookrunners.
Co-managers were Mitsubishi UFJ Securities, Mizuho Securities USA Inc., RBS Securities Inc. and TD Securities (USA) LLC.
Proceeds will be used to repay amounts outstanding under a revolving credit facility.
The maker of electrical, electronic and fiber optic components is based in Wallingford, Conn.
| Issuer: | Amphenol Corp.
|
| Issue: | Senior unsecured notes
|
| Amount: | $600 million
|
| Maturity: | Nov. 15, 2014
|
| Bookrunners: | Bank of America Merrill Lynch, J.P. Morgan Securities Inc., Deutsche Bank Securities Inc., Wells Fargo Securities
|
| Co-managers: | Mitsubishi UFJ Securities, Mizuho Securities USA Inc., RBS Securities Inc., TD Securities (USA) LLC
|
| Coupon: | 4.75%
|
| Price: | 99.813
|
| Yield: | 4.792%
|
| Spread: | Treasuries plus 237.5 bps
|
| Call: | Make-whole at Treasuries plus 35 bps
|
| Change-of-control put: | 101%
|
| Trade date: | Oct. 29
|
| Settlement date: | Nov. 5
|
| Ratings: | Moody's: Baa3
|
| Standard & Poor's: BBB-
|
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