Teleflex Incorporated Announces Public Offering of $250 Million of Senior Subordinated Notes Due 2021

Teleflex Incorporated

today announced the registered public offering, subject to market and other conditions, of $250 million of senior subordinated unsecured notes due 2021. The notes will be guaranteed by certain of Teleflex's subsidiaries on a senior subordinated unsecured basis. The interest rate and other terms of the notes will be determined at pricing. Teleflex intends to use the net proceeds of the offering to prepay $125 million of borrowings under its credit facilities, and the remainder for general corporate purposes, which may include, among other things, capital expenditures, acquisitions and additional repayment of debt.