Keysight Technologies plans to offer $700 million of senior notes

By Devika Patel

Knoxville, Tenn., March 21 – Keysight Technologies Inc. plans to price $700 million of senior notes (Baa3/BBB-), according to a press release.

The Santa Rosa, Calif.-based electronic measurement technology company intends to use the proceeds from the offering, together with the proceeds from a $400 million public sale of common shares and borrowings under an unsecured term loan facility, an unsecured revolving facility and possibly an unsecured bridge loan facility to finance the cash consideration for its planned acquisition of Ixia.

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