REG - Spectris PLC - $400m US Private Placement

SpectrisAnnouncement

11/11/2024 13:15

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RNS Number : 7471L  Spectris PLC  11 November 2024

11 NOVEMBER 2024

 

SPECTRIS PLC

 

$400m US Private Placement

 

Spectris plc (SXS: LSE), the expert in providing insight through precision
measurement, today announces the successful completion of a $400m issue of US
Private Placement ("USPP") notes, following a competitive process.

The issuance, on investment grade terms, refinances the $400m bridge facility
that was entered into for acquisition purposes. The USPP debt comprises USD
and EUR tranches with maturities between 5 and 10 years, issued at average
rates of 5.15% for USD and 3.66% for EUR.

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Contacts:

 

Spectris plc

 

Mathew Wootton

Investor Relations Director

+44 7500 078 880

 

Teneo

Martin Robinson/Giles Kernick

+44 20 7353 4200

 

About Spectris

Spectris combines precision with purpose, delivering progress for a more
sustainable world. We provide critical insights to our customers through
premium precision measurement solutions combined with technical expertise and
deep domain knowledge. Precision is at the heart of what we do - our leading,
high-tech instruments and software equip our customers to solve some of their
greatest challenges to make the world cleaner, healthier and more productive.
We are focused on two key divisions - Spectris Scientific and Spectris
Dynamics, which are placed in technology-driven end markets, with strong
fundamentals and attractive growth trajectories. We have leading market
positions in premium segments and employ 7,600 people located in more than 30
countries, all united behind our purpose to deliver value beyond measure for
all our stakeholders. For more information, visit www.spectris.com
(http://www.spectris.com) .

 

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