Teleflex prepays $165.8 million 2004 senior notes with cash, credit

By Toni Weeks

San Diego, Dec. 22 - Teleflex Inc. announced it has prepaid $165.8 million of its 2004 senior notes.

Included in the prepayment was $72.5 million of 6.66% senior notes due 2011, $48.3 million of 7.14% senior notes due 2014 and $45 million of 7.46% senior notes due 2016.

Teleflex used $96.5 million of cash and borrowed from its revolving credit facility to prepay the notes, which included $20.7 million of accrued interest.

Teleflex is a Limerick, Pa.-based provider of medical technology products.

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