WALTHAM, Mass.–(BUSINESS WIRE)–Thermo Fisher Scientific Inc. (NYSE: TMO) announced today that it has
priced an offering of $450 million aggregate principal amount of 2.150%
senior notes due 2018 at an issue price of 99.997% of the principal
amount and $350 million aggregate principal amount of 3.650% senior
notes due 2025 at an issue price of 99.858% of the principal amount.
The issuance of the notes is expected to close on or about December 9,
2015, subject to customary closing conditions. The notes will pay
interest on a semi-annual basis.
Thermo Fisher plans to use the net proceeds of the offering to redeem
all of the outstanding $900 million aggregate principal amount of its
3.20% senior notes that mature on March 1, 2016.
The joint book-running managers for the offering are Goldman, Sachs &
Co., J.P. Morgan Securities LLC and Mizuho Securities USA Inc.
The offering is being made pursuant to an effective registration
statement on Form S-3 (including a prospectus) filed with the U.S.
Securities and Exchange Commission (the “SEC”). Prospective investors
should read the prospectus forming a part of that registration statement
and the prospectus supplement related to the offering and the other
documents that the company has filed with the SEC for more complete
information about the company and this offering. These documents are
available at no charge by visiting EDGAR on the SEC website at www.sec.gov.
Alternatively, Thermo Fisher, the underwriters or any dealer
participating in this offering will arrange to send you the prospectus
if you request it by calling Goldman, Sachs & Co toll-free at
1-866-471-2526; by calling J.P. Morgan Securities at 1-212-834-4533; or
by calling Mizuho Securities USA Inc. toll-free at 1-866-271-7403.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy the notes, nor shall there be any offer,
solicitation or sale of the notes in any jurisdiction in which such
offer, solicitation or sale would be unlawful prior to the registration
or qualification under the securities laws of any such jurisdiction.
This press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995,
including, but not limited to, statements about the company’s intended
use of proceeds. These statements involve a number of risks and
uncertainties that could cause actual results to differ materially from
currently anticipated results, including risks and uncertainties
relating to capital markets conditions and completion of the offering.
Additional important factors and information regarding Thermo Fisher’s
business that could cause actual results to differ materially from those
indicated by such forward-looking statements are set forth in the
prospectus and prospectus supplement dated November 30, 2015 related to
the offering, which is on file with the SEC and available in the
“Investors” section of our website under the heading “SEC Filings,” and
the documents incorporated by reference into the prospectus and
prospectus supplement. While we may elect to update forward-looking
statements at some point in the future, we specifically disclaim any
obligation to do so, even if circumstances change and, therefore, you
should not rely on these forward-looking statements as representing our
views as of any date subsequent to today.