Skip to main content

Hologic Completes $950M Senior Notes Offering

NEW YORK ─ Hologic said after the close of the market on Monday that it has completed a previously announced private placement of $950 million of its senior notes.

In a filing with the US Securities and Exchange Commission, the firm said the notes, carrying 3.25 percent interest, are due on Feb. 15, 2029.

The notes are general senior unsecured obligations of Hologic guaranteed by certain of its domestic subsidiaries, and they were issued in accordance with an agreement dated Sept. 28 among Hologic, the subsidiaries of the firm, and Wells Fargo Bank, National Association as the trustee.

Hologic had previously disclosed that it intends to use the net proceeds of the notes, plus available cash, to redeem in full all of its outstanding 4.375 percent senior notes due in 2025, in an aggregate principal amount of $950 million on or about Oct. 15.