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Published on 6/15/2010 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Pall to redeem all $280 million 6% notes with proceeds from new notes

By Devika Patel

Knoxville, Tenn., June 15 - Pall Corp. will use the proceeds from an offering of senior notes due 2020 to redeem all $280 million of its outstanding 6% senior notes due 2012, according to a prospectus supplement filed Tuesday with the Securities and Exchange Commission.

The 6% notes were issued in August 2002. The Bank of New York is the trustee.

Pall is an East Hills, N.Y., medical-device company.


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