Summary
Amphenol Corporation, through its wholly-owned indirect subsidiary Amphenol Technologies Holding GmbH, has successfully issued €500,000,000 aggregate principal amount of 3.625% Senior Notes due 2031. The net proceeds of approximately €496.1 million will be used primarily to repay outstanding 0.750% Euro Senior Notes due 2026 at maturity and for general corporate purposes. This offering, which was registered on Form S-3, involves a guarantee from Amphenol Corporation on a senior unsecured basis.
Key Highlights
- 1Issuance of €500 million in 3.625% Senior Notes due 2031 by Amphenol Technologies Holding GmbH.
- 2Net proceeds of approximately €496.1 million received from the offering.
- 3Primary use of proceeds is to repay maturing 0.750% Euro Senior Notes due 2026.
- 4Amphenol Corporation provides a senior unsecured guarantee for the Notes.
- 5The Notes are senior unsecured and rank equally with other senior unsecured indebtedness.
- 6Redemption options are available to Amphenol Technologies prior to maturity, with a make-whole premium before three months prior to maturity.
- 7The Notes have been approved for listing on the Global Exchange Market of Euronext Dublin.
Frequently Asked Questions
The primary purpose of the new note issuance is to repay Amphenol Technologies' outstanding 0.750% Euro Senior Notes due 2026 when they mature. The remaining proceeds will be used for general corporate purposes.
The new notes bear interest at a rate of 3.625% per year and will mature on March 30, 2031.
Yes, Amphenol Corporation provides a senior unsecured guarantee for the €500,000,000 aggregate principal amount of notes issued by its subsidiary, Amphenol Technologies Holding GmbH.
The Notes are senior unsecured and unsubordinated indebtedness. They rank equally with other existing and future senior unsecured and unsubordinated indebtedness of Amphenol Technologies. Amphenol Corporation's guarantee is also a senior unsecured obligation.