Nordson Corporation Announces Pricing of $600 Million of 4.500% Notes due 2029
2024年9月5日 - 6:50AM
ビジネスワイヤ(英語)
Nordson Corporation (Nasdaq: NDSN) (“Nordson” or the “Company”)
today announced the pricing of its offering (the “Offering”), on
September 4, 2024, of $600 million aggregate principal amount of
4.500% notes due 2029 (the “notes”). The Offering is expected to
close on September 9, 2024, subject to the satisfaction or waiver
of customary closing conditions.
The Company intends to use the net proceeds of the Offering (i)
to repay its borrowings under its $500 million 364-Day Term Loan,
entered into in connection with the completion of the Company’s
acquisition of Atrion Corporation and its subsidiaries on August
21, 2024, (ii) to pay transaction related fees and expenses related
to the Offering and (iii) for general corporate purposes.
Morgan Stanley & Co. LLC, BNP Paribas Securities Corp. and
Wells Fargo Securities, LLC are acting as joint book-running
managers for the Offering.
The Offering is being made pursuant to an effective shelf
registration statement (including a prospectus) filed with the
Securities and Exchange Commission (the “SEC”) on September 5, 2023
and a preliminary prospectus supplement filed with the SEC on
September 4, 2024. Copies of the prospectus supplement and the base
prospectus may be obtained by contacting Morgan Stanley & Co.
LLC at c/o Morgan Stanley & Co. LLC, 1585 Broadway, New York,
New York 10036 (fax: (212) 507-8999), Attention: Investment Banking
Division; BNP Paribas Securities Corp. at c/o BNP Paribas
Securities Corp., 787 Seventh Avenue, 3rd Floor, New York, New York
10019 (email: DL.US.Syndicate.Support@us.bnpparibas.com),
Attention: Debt Syndicate Desk; or Wells Fargo Securities, LLC at
c/o Wells Fargo Securities, LLC, 608 2nd Avenue South, Suite 1000,
Minneapolis, Minnesota 55402 (email:
wfscustomerservice@wellsfargo.com; tel: (800) 645-3751), Attention:
WFS Customer Service. You may also obtain these documents for free
from the SEC’s EDGAR database available online at www.sec.gov. The
information contained in this press release is for informational
purposes only and shall not constitute an offer to sell or a
solicitation of an offer to buy the notes, nor shall there be any
sale of the notes in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction. This press release contains information about pending
transactions, and there can be no assurance that these transactions
will be completed.
About Nordson
Nordson Corporation is an innovative precision technology
company that leverages a scalable growth framework through an
entrepreneurial, division-led organization to deliver top tier
growth with leading margins and returns. The Company’s direct sales
model and applications expertise serves global customers through a
wide variety of critical applications. Its diverse end market
exposure includes consumer non-durable, medical, electronics and
industrial end markets. Founded in 1954 and headquartered in
Westlake, Ohio, the Company has operations and support offices in
over 35 countries.
Disclosure Regarding Forward-Looking Statements
Certain statements contained in this release, including
statements with respect to the closing of the Offering and the
expected use of proceeds therefrom, are forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995, Section 21E of the Securities Exchange Act of 1934, as
amended (the “Exchange Act”) and Section 27A of the Securities Act.
Forward-looking statements may be identified by terminology such as
“may,” “will,” “should,” “could,” “expects,” “anticipates,”
“believes,” “projects,” “forecasts,” “outlook,” “guidance,”
“continue,” “target,” or the negative of such terms or comparable
terminology. These statements reflect management’s current
expectations and involve a number of risks and uncertainties. These
risks and uncertainties include, but are not limited to, U.S. and
international economic conditions; financial and market conditions;
currency exchange rates and devaluations; possible acquisitions
including the Company’s ability to complete and successfully
integrate acquisitions, including the integration of CyberOptics
Corporation, ARAG Group and Atrion Corporation; the Company’s
ability to successfully divest or dispose of businesses that are
deemed not to fit with its strategic plan; the effects of changes
in U.S. trade policy and trade agreements; the effects of changes
in tax law; and the possible effects of events beyond the Company’s
control, such as political unrest, including the conflicts in
Europe and the Middle East, acts of terror, natural disasters and
pandemics, and the other factors discussed in Item 1A (Risk
Factors) in the Company’s most recently filed Annual Report on Form
10-K for the year ended October 31, 2023 and any subsequently filed
Quarterly Reports on Form 10-Q or the Company’s other filings with
the Securities and Exchange Commission, which should be reviewed
carefully. New risks emerge from time to time and it is not
possible for management to predict all risks, nor can management
assess the impact of all factors on the Company’s business or the
extent to which any factor, or combination of factors, may cause
actual results to differ materially from those contained in any
forward-looking statements the Company may make. The Company
undertakes no obligation to update or revise any forward-looking
statement in this press release.
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version on businesswire.com: https://www.businesswire.com/news/home/20240904530836/en/
Lara Mahoney Vice President, Investor Relations & Corporate
Communications 440.204.9985 Lara.Mahoney@nordson.com
Nordson (NASDAQ:NDSN)
過去 株価チャート
から 9 2024 まで 10 2024
Nordson (NASDAQ:NDSN)
過去 株価チャート
から 10 2023 まで 10 2024