Ametek to sell $700M senior notes in private placement

|About: Ametek Inc. (AME)|By:, SA News Editor

Ametek (AME -1.4%) has entered into an agreement to sell $700M in senior notes in a private placement at a weighted average interest rate of 3.88%.

The three funding dates for the senior notes are September 30, 2014 ($500M), June 15, 2015 ($50M) and August 14, 2015 ($150M).

Subscribe for full text news in your inbox