Teleflex Incorporated Completes Refinancing Transactions

LIMERICK, Pa.--(BUSINESS WIRE)--Teleflex Incorporated (NYSE:TFX) (“Teleflex”) today announced that it has prepaid all of its outstanding senior notes issued in 2007, which had an aggregate outstanding principal amount of $196.6 million and would have matured in 2012 and 2014. The prepayment of the 2007 notes was completed as part of Teleflex’s previously announced debt refinancing, pursuant to which Teleflex also repaid $200 million in term loan borrowings under its senior credit facility and extended the maturities of a portion of its outstanding and available borrowings under the credit facility from 2012 to 2014. The 2007 notes and term loan were repaid with proceeds from the sale of Teleflex’s 3.875% convertible senior subordinated notes due 2017 and available cash.
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