Fundraise Jan 2011 · Schaffhausen, Switzerland Verified
Tyco International Finance S.A. Issues $500M in Notes
Tyco International Finance S.A. (TIFSA), a subsidiary of Tyco International Ltd., entered into an underwriting agreement to sell $250 million of 3.750% Notes due 2018 and $250 million of 4.625% Notes due 2023. Proceeds will be used to repay outstanding 6.750% Notes due 2011.
“TIFSA agreed to sell to the Underwriters $250 million aggregate principal amount of its 3.750% Notes due 2018 (the “2018 Notes”) and $250 million aggregate principal amount of its 4.625% Notes due 2023 (the “2023 Notes” and, together with the 2018 Notes, the “Notes”).”
Entities
Merrill Lynch, Pierce, Fenner & Smith Incorporated · Advisor Morgan Stanley & Co. Incorporated · Advisor Tyco International Finance S.A. · Subsidiary Tyco International Ltd. · Parent
Other Sentiment: Neutral
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