Thermo Fisher Scientific Prices Offering of Senior Notes
Thermo Fisher Scientific Inc. (NYSE: TMO) announced today that it has priced an offering of $1.2 billion aggregate principal
amount of its 2.950% senior notes due 2026 at the issue price of 98.787% of the principal amount.
The issuance of the notes is expected to close on or about September 19, 2016, subject to customary closing conditions. The
notes will pay interest on a semi-annual basis.
Thermo Fisher intends to use a portion of the net proceeds of the offering to redeem all of the outstanding $900 million
aggregate principal amount of its 1.30% senior notes due 2017, which mature on February 1, 2017. The company plans to use the
remaining net proceeds for general corporate purposes.
The joint book-running managers for the offering are J.P. Morgan Securities LLC, Citigroup Global Markets Inc. and Deutsche Bank
Securities Inc.
The offering is being made pursuant to an effective registration statement on Form S-3, as amended by the post-effective
amendment thereto (including a prospectus), filed with the U.S. Securities and Exchange Commission (the “SEC”). Prospective
investors should read the prospectus forming a part of that registration statement and the prospectus supplement related to the
offering and the other documents that the company has filed with the SEC for more complete information about the company and this
offering. These documents are available at no charge by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, Thermo Fisher, the underwriters or any dealer participating in this offering will
arrange to send you the prospectus if you request it by calling J.P. Morgan Securities LLC collect at 1-212-834-4533; or by calling
Citigroup Global Markets Inc. at 1-800-831-9146; or by calling Deutsche Bank Securities Inc. at 1-800-503-4611.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy the notes, nor shall there be
any offer, solicitation or sale of the notes in any jurisdiction in which such offer, solicitation or sale would be unlawful prior
to the registration or qualification under the securities laws of any such jurisdiction.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of
1995, including, but not limited to, statements about the company’s intended use of proceeds. These statements involve a number of
risks and uncertainties that could cause actual results to differ materially from currently anticipated results, including risks
and uncertainties relating to capital markets conditions and completion of the offering. Additional important factors and
information regarding Thermo Fisher’s business that could cause actual results to differ materially from those indicated by such
forward-looking statements are set forth in the prospectus and prospectus supplement dated September 14, 2016 related to the
offering, which is on file with the SEC and available in the “Investors” section of our website under the heading “SEC Filings,”
and the documents incorporated by reference into the prospectus and prospectus supplement. While we may elect to update
forward-looking statements at some point in the future, we specifically disclaim any obligation to do so, even if circumstances
change and, therefore, you should not rely on these forward-looking statements as representing our views as of any date subsequent
to today.
Thermo Fisher Scientific Inc.
Media Contact Information:
Ron O’Brien, 781-622-1242
ron.obrien@thermofisher.com
or
Investor Contact Information:
Ken Apicerno, 781-622-1294
ken.apicerno@thermofisher.com
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