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Airgas Inc Issues $250 Million Of 2.90% Senior Notes Due 2022

Monday, 19 Nov 2012 04:15pm EST 

Airgas Inc announced that it has priced $250 million of 2.90% senior notes due November 15, 2022. The offering is expected to close on November 26, 2012, subject to customary closing conditions. The notes are being offered under a shelf registration statement filed with the U.S. Securities and Exchange Commission. The Company intends to use the net proceeds from the offering for general corporate purposes, including to fund acquisitions, to repay indebtedness under the Company`s commercial paper program, and to repurchase shares pursuant to the Company`s stock repurchase program. Initially, the Company expects to use the net proceeds to repay indebtedness under its commercial paper program. 

Company Quote

0.33 +0.30%
30 Jul 2014