Thermo Fisher issues call to redeem all $250 million 5% notes due 2015

By Toni Weeks

San Luis Obispo, Calif., Feb. 6 – Thermo Fisher Scientific Inc. issued a call to redeem all $250 million principal amount of its 5% senior notes due 2015, according to an 8-K filing with the Securities and Exchange Commission.

The notes will be redeemed on March 6 at a redemption price equal to the greater of (i) par and (ii) the sum of the present values of the remaining scheduled payments of principal and interest thereon, exclusive of interest accrued to the date of redemption, discounted to the redemption date on a semiannual basis at a comparable Treasury rate plus 15 basis points.

The issuer will also pay accrued interest to the redemption date.

Waltham, Mass.-based Thermo Fisher is a science technology company.

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