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Mettler-Toledo begins tender offer for $150 million 4.85% notes due 2010, offers 101.25
By Angela McDaniels
Tacoma, Wash., May 6 - Mettler-Toledo International Inc. has begun a tender offer for its $150 million principal amount of 4.85% senior notes due Nov. 15, 2010, according to a company news release.
The company is offering $1,012.50 for each $1,000 principal amount of notes plus accrued interest up to but excluding the payment date, which is expected to be May 14.
The offer will expire at 5 p.m. ET on May 12.
The dealer manager is Banc of America Securities LLC (888 292-0070), and the information agent is Global Bondholder Services Corp. (866 389-1500 or 212 430-3774).
Mettler-Toledo is a Columbus, Ohio-based supplier of precision instruments and services.
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