Hill-Rom launches $300M debt offering

|About: Hill-Rom Holdings, Inc. (HRC)|By:, SA News Editor

Hill-Rom Holdings (NYSE:HRC) initiates a private placement of $300M aggregate principal amount of senior unsecured notes due 2025. The Notes will be guaranteed on a senior unsecured basis by certain of the company's existing and future wholly-owned domestic restricted subsidiaries.

Net proceeds will help fund the Mortara Instrument acquisition.