Itron, Inc. Prices Offering of $300 Million of 5.000% Senior Notes Due 2026
The Company intends to use the net proceeds from the offering of the Notes, together with cash on hand and borrowings under the Company's senior credit facilities, to fund the merger consideration of the Silver Spring Acquisition, refinance existing Company indebtedness and Silver Spring indebtedness and pay fees and expenses in connection with the foregoing.
The Notes will be offered in
This press release is for informational purposes only and is neither an offer to buy or sell nor a solicitation of an offer to buy or sell the securities described herein. There shall not be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
No Offer or Solicitation
This communication is neither an offer to sell, nor a solicitation of an offer to buy any securities, the solicitation of any vote or approval in any jurisdiction pursuant to or in connection with the proposed transaction or otherwise, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act and otherwise in accordance with applicable law.
Forward-Looking Statements
This communication may contain "forward-looking" statements, as defined
in federal securities laws including the Private Securities Litigation
Reform Act of 1995, which are based on our current expectations,
estimates, forecasts and projections. Statements that are not historical
facts, including statements about beliefs, plans and expectations, are
forward-looking statements. Statements that include words such as
"anticipates," "expects," "intends," "plans," "predicts," "believes,"
"seeks," "estimates," "may," "will," "should," "would," "potential,"
"continue," "goals," "targets" and variations of these words (or
negatives of these words) or similar expressions of a future or
forward-looking nature identify forward-looking statements. In addition,
any statements that refer to projections or other characterizations of
future events or circumstances, including any underlying assumptions,
are forward-looking statements. Forward-looking statements are based on
current expectations and are subject to a number of risks, factors and
uncertainties that could cause actual results to differ materially from
those described in the forward-looking statements. Important factors and
uncertainties that could cause actual results to differ materially from
those described in these forward-looking statements include, without
limitation: the risk that Silver Spring's stockholders do not approve
the transaction; uncertainties as to the timing of the transaction; the
parties' ability to meet expectations regarding the timing, completion
and accounting and tax treatments of the merger; the impact of
indebtedness incurred by
About
Itron® is a registered trademark of
View source version on businesswire.com: http://www.businesswire.com/news/home/20171208005614/en/
Vice President,
Investor Relations
barbara.doyle@itron.com
or
Program Manager, Investor Relations
rebecca.hussey@itron.com
Source:
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