11th Nov 2024 13:49
Spectris PLC - London-based supplier of precision instrumentation and controls - Completes, "following a competitive process", the USD400 million issue of US private placement notes. Says the issuance refinances the USD400 million bridge facility it entered "for acquisition processes". Says USPP debt consists of a USD tranche issued at a 5.15% average rate, and an EUR tranche with a 3.66% average rate. They have maturities ranging between five and 10 years.
Current stock price: 2,624.00 pence, up 1.5% in London on Monday afternoon
12-month change: down 21%
By Emma Curzon, Alliance News reporter
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