Teleflex Announces Retirement of 2004 Senior Notes

Health and Fitness Health and Fitness

Mon, March 21, 2011

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Teleflex Announces Retirement of 2004 Senior Notes

^{Published on 2011-03-21 04:20:25 - Market Wire}

LIMERICK, Pa.--([ BUSINESS WIRE ])--Teleflex Incorporated (NYSE: TFX) announced today that on March 16, 2011 it prepaid the remaining $64.0 million in aggregate principal amount of its 2004 senior notes. This consisted of $26.75 million of 6.66% senior notes due in 2011, $21.75 million of 7.14% senior notes due in 2014, and $15.5 million of 7.46% senior notes due in 2016, which completely retired all of the 2004 senior notes.

The company used available cash and borrowings under its revolving credit facility to prepay the notes, which included $6.5 million in accrued interest and make whole premiums.

About Teleflex Incorporated

Teleflex is a leading global provider of specialty medical devices for a range of procedures in critical care and surgery. Our mission is to provide solutions that enable healthcare providers to improve outcomes and enhance patient and provider safety. Headquartered in Limerick, PA, Teleflex employs more than 12,000 people worldwide and serves healthcare providers in more than 130 countries. The company also has niche businesses which produce specialty engineered products for aerospace and commercial markets. For additional information about Teleflex please refer to [ www.teleflex.com ].