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Tyco Electronics offers senior floating-rate notes due 2020
By Devika Patel
Knoxville, Tenn., Nov. 28 – Tyco Electronics Group SA is in the market with dollar-denominated guaranteed senior floating-rate notes due 2020, according to a 424B2 filing with the Securities and Exchange Commission.
The floaters are non-callable.
BNP Paribas Securities Corp., Deutsche Bank Securities Inc. and J.P. Morgan Securities LLC are the bookrunners.
Proceeds will be used for general corporate purposes.
Tyco Electronics Group is a Luxembourg-based holding company. The notes will be fully and unconditionally guaranteed by TE Connectivity Ltd.
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