On August 6, 2018, Thermo Fisher Scientific (Finance I) B.V. (“Thermo Fisher International”), an indirect, wholly-owned finance subsidiary of Thermo Fisher Scientific Inc. (the “Company”), and the Company entered into an underwriting agreement (the “Underwriting Agreement”) with Merrill Lynch International, as underwriter, for the issuance and sale by Thermo Fisher International of €600,000,000 aggregate principal amount of Floating Rate Senior Notes due 2020 (the “Notes”) in a public offering pursuant to a registration statement on FormS-3, as amended by the Post-Effective Amendment No.1 thereto (FileNo. 333-209867), and a related preliminary prospectus supplement filed with the Securities and Exchange Commission on August 6, 2018. The Notes will be fully and unconditionally guaranteed on a senior unsecured basis by the Company (the “Guarantee” and together with the Notes, the “Securities”).
The Company expects that the net proceeds from the sale of the Securities will be approximately €597.6 million after deducting the underwriting discount and estimated offering expenses. The Company intends to use the net proceeds of the offering, together with cash on hand, to repay all of the outstanding indebtedness under Thermo Fisher International’s Floating Rate Senior Notes due 2018.
The Securities will be issued pursuant to an indenture, dated as of August 9, 2016, among Thermo Fisher International, as issuer, the Company, as guarantor, and The Bank of New York Mellon Trust Company, N.A., as trustee (the “Trustee”), as supplemented by the Second Supplemental Indenture, to be dated as of August 8, 2018, among Thermo Fisher International, as issuer, the Company, as guarantor, and the Trustee.
The above description of the Underwriting Agreement is qualified in its entirety by reference to the Underwriting Agreement, which is filed as Exhibit 1.1 to this Current Report on Form8-K and is incorporated herein by reference.
Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits.