Loading...
Loading...
PerkinElmer, Inc.
PKI announced today that it has priced an offering of $500,000,000 aggregate principal amount of 5.00% senior notes due 2021 at an issue price of 99.372% of the principal amount.
The issuance of the notes is expected to close on October 25, 2011. The notes will pay interest on a semi-annual basis.
The company plans to use the proceeds of the offering to fund, in part, the company's acquisition of Caliper Life Sciences, Inc.
CALP. The aggregate purchase price of the Caliper acquisition is estimated to be approximately $600 million net of acquired cash. The Caliper acquisition has been separately announced by the company.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in