{"id":406695,"date":"2020-12-30T16:08:14","date_gmt":"2020-12-30T21:08:14","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=406695"},"modified":"2020-12-30T16:08:14","modified_gmt":"2020-12-30T21:08:14","slug":"thermo-fisher-scientific-announces-redemption-of-senior-notes","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/thermo-fisher-scientific-announces-redemption-of-senior-notes\/","title":{"rendered":"Thermo Fisher Scientific Announces Redemption of Senior Notes"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">WALTHAM, Mass.<\/span>, <span class=\"xn-chron\">Dec. 30, 2020<\/span> \/PRNewswire\/ &#8212; Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, today announced that on <span class=\"xn-chron\">December 31, 2020<\/span>, it will give notice of its intention to redeem the following Senior Notes, representing an aggregate total principal amount of approximately <span class=\"xn-money\">$2.6 billion<\/span>, on <span class=\"xn-chron\">January 15, 2021<\/span> (the &#8220;Redemption Date&#8221;):<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/490330\/Thermo_Fisher_Scientific.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/490330\/Thermo_Fisher_Scientific.jpg\" title=\"Thermo Fisher Scientific (PRNewsfoto\/Thermo Fisher Scientific)\" alt=\"Thermo Fisher Scientific (PRNewsfoto\/Thermo Fisher Scientific)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<ul type=\"disc\">\n<li>\u20ac0.5 billion aggregate principal amount of 2.150% Senior Notes due 2022 (NYSE: TMO 22A) (the &#8220;2022 Notes&#8221;) <\/li>\n<li>\n          <span class=\"xn-money\">$1.0 billion<\/span> aggregate principal amount of 3.000% Senior Notes due 2023 (the &#8220;2023 Notes&#8221;) <\/li>\n<li>\n          <span class=\"xn-money\">$1.0 billion<\/span> aggregate principal amount of 4.150% Senior Notes due 2024 (the &#8220;2024 Notes&#8221; and, together with the 2022 Notes and the 2023 Notes, the &#8220;Notes&#8221;) <\/li>\n<\/ul>\n<p>The Notes will be redeemed at a redemption price equal to the greater of (1) 100% of the principal amount of the Notes to be redeemed and (2) the sum of the present values of the remaining scheduled payments of the Notes to be redeemed discounted to the Redemption Date (a) on an annual basis at a comparable bond rate plus 25 basis points in the case of the 2022 Notes, (b) on a semi-annual basis at a comparable treasury rate plus 25 basis points in the case of the 2023 Notes and (c) on a semi-annual basis at a comparable treasury rate plus 20 basis points in the case of the 2024 Notes, plus, in each case, accrued and unpaid interest on the Notes to be redeemed to, but excluding, the Redemption Date. Thermo Fisher intends to fund the redemption using cash on hand.<\/p>\n<p>\n        <b>About Thermo Fisher Scientific<br \/><\/b>Thermo Fisher Scientific Inc. is the world leader in serving science, with annual revenue exceeding <span class=\"xn-money\">$25 billion<\/span>. Our Mission is to enable our customers to make the world healthier, cleaner and safer. Whether our customers are accelerating life sciences research, solving complex analytical challenges, improving patient diagnostics and therapies or increasing productivity in their laboratories, we are here to support them. Our global team of more than 75,000 colleagues delivers an unrivaled combination of innovative technologies, purchasing convenience and pharmaceutical services through our industry-leading brands, including Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, Unity Lab Services and Patheon. For more information, please visit <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3024020-1&amp;h=2939445867&amp;u=http%3A%2F%2Fwww.thermofisher.com%2F&amp;a=www.thermofisher.com\" rel=\"nofollow noopener noreferrer\">www.thermofisher.com<\/a>.<\/p>\n<p>Media Contact Information:<br \/><span class=\"xn-person\">Ron O&#8217;Brien<\/span><br \/>Phone: 781-622-1242<br \/>E-mail: <a target=\"_blank\" href=\"mailto:ron.obrien@thermofisher.com\" rel=\"nofollow noopener noreferrer\">ron.obrien@thermofisher.com<\/a><br \/>Website: <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3024020-1&amp;h=2939445867&amp;u=http%3A%2F%2Fwww.thermofisher.com%2F&amp;a=www.thermofisher.com\" rel=\"nofollow noopener noreferrer\">www.thermofisher.com<\/a><\/p>\n<p>Investor Contact Information:<br \/><span class=\"xn-person\">Ken Apicerno<\/span><br \/>Phone: 781-622-1294<br \/>E-mail: <a target=\"_blank\" href=\"mailto:ken.apicerno@thermofisher.com\" rel=\"nofollow noopener noreferrer\">ken.apicerno@thermofisher.com<\/a><\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NE35268&amp;sd=2020-12-30\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/thermo-fisher-scientific-announces-redemption-of-senior-notes-301199493.html\">http:\/\/www.prnewswire.com\/news-releases\/thermo-fisher-scientific-announces-redemption-of-senior-notes-301199493.html<\/a><\/p>\n<p>SOURCE  Thermo Fisher Scientific<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NE35268&amp;Transmission_Id=202012301605PR_NEWS_USPR_____NE35268&amp;DateId=20201230\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire WALTHAM, Mass., Dec. 30, 2020 \/PRNewswire\/ &#8212; Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, today announced that on December 31, 2020, it will give notice of its intention to redeem the following Senior Notes, representing an aggregate total principal amount of approximately $2.6 billion, on January 15, 2021 (the &#8220;Redemption Date&#8221;): \u20ac0.5 billion aggregate principal amount of 2.150% Senior Notes due 2022 (NYSE: TMO 22A) (the &#8220;2022 Notes&#8221;) $1.0 billion aggregate principal amount of 3.000% Senior Notes due 2023 (the &#8220;2023 Notes&#8221;) $1.0 billion aggregate principal amount of 4.150% Senior Notes due 2024 (the &#8220;2024 Notes&#8221; and, together with the 2022 Notes and the 2023 Notes, the &#8220;Notes&#8221;) The Notes will be redeemed &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/thermo-fisher-scientific-announces-redemption-of-senior-notes\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Thermo Fisher Scientific Announces Redemption of Senior Notes&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-406695","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Thermo Fisher Scientific Announces Redemption of Senior Notes - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/thermo-fisher-scientific-announces-redemption-of-senior-notes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Thermo Fisher Scientific Announces Redemption of Senior Notes - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire WALTHAM, Mass., Dec. 30, 2020 \/PRNewswire\/ &#8212; Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, today announced that on December 31, 2020, it will give notice of its intention to redeem the following Senior Notes, representing an aggregate total principal amount of approximately $2.6 billion, on January 15, 2021 (the &#8220;Redemption Date&#8221;): \u20ac0.5 billion aggregate principal amount of 2.150% Senior Notes due 2022 (NYSE: TMO 22A) (the &#8220;2022 Notes&#8221;) $1.0 billion aggregate principal amount of 3.000% Senior Notes due 2023 (the &#8220;2023 Notes&#8221;) $1.0 billion aggregate principal amount of 4.150% Senior Notes due 2024 (the &#8220;2024 Notes&#8221; and, together with the 2022 Notes and the 2023 Notes, the &#8220;Notes&#8221;) The Notes will be redeemed &hellip; Continue reading &quot;Thermo Fisher Scientific Announces Redemption of Senior Notes&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/thermo-fisher-scientific-announces-redemption-of-senior-notes\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-30T21:08:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/490330\/Thermo_Fisher_Scientific.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/thermo-fisher-scientific-announces-redemption-of-senior-notes\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/thermo-fisher-scientific-announces-redemption-of-senior-notes\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Thermo Fisher Scientific Announces Redemption of Senior Notes\",\"datePublished\":\"2020-12-30T21:08:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/thermo-fisher-scientific-announces-redemption-of-senior-notes\\\/\"},\"wordCount\":393,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/thermo-fisher-scientific-announces-redemption-of-senior-notes\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/490330\\\/Thermo_Fisher_Scientific.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/thermo-fisher-scientific-announces-redemption-of-senior-notes\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/thermo-fisher-scientific-announces-redemption-of-senior-notes\\\/\",\"name\":\"Thermo Fisher Scientific Announces Redemption of Senior Notes - 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(NYSE: TMO), the world leader in serving science, today announced that on December 31, 2020, it will give notice of its intention to redeem the following Senior Notes, representing an aggregate total principal amount of approximately $2.6 billion, on January 15, 2021 (the &#8220;Redemption Date&#8221;): \u20ac0.5 billion aggregate principal amount of 2.150% Senior Notes due 2022 (NYSE: TMO 22A) (the &#8220;2022 Notes&#8221;) $1.0 billion aggregate principal amount of 3.000% Senior Notes due 2023 (the &#8220;2023 Notes&#8221;) $1.0 billion aggregate principal amount of 4.150% Senior Notes due 2024 (the &#8220;2024 Notes&#8221; and, together with the 2022 Notes and the 2023 Notes, the &#8220;Notes&#8221;) The Notes will be redeemed &hellip; Continue reading \"Thermo Fisher Scientific Announces Redemption of Senior Notes\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/thermo-fisher-scientific-announces-redemption-of-senior-notes\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-30T21:08:14+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/490330\/Thermo_Fisher_Scientific.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/thermo-fisher-scientific-announces-redemption-of-senior-notes\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/thermo-fisher-scientific-announces-redemption-of-senior-notes\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Thermo Fisher Scientific Announces Redemption of Senior Notes","datePublished":"2020-12-30T21:08:14+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/thermo-fisher-scientific-announces-redemption-of-senior-notes\/"},"wordCount":393,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/thermo-fisher-scientific-announces-redemption-of-senior-notes\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/490330\/Thermo_Fisher_Scientific.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/thermo-fisher-scientific-announces-redemption-of-senior-notes\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/thermo-fisher-scientific-announces-redemption-of-senior-notes\/","name":"Thermo Fisher Scientific Announces Redemption of Senior Notes - 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