Apogent Technologies Inc. Announces Completion of Debut Bond Issue

Apr 04, 2001, 01:00 ET from Apogent Technologies Inc.

    PORTSMOUTH, N.H., April 4 /PRNewswire/ -- Apogent Technologies Inc.
 (NYSE:   AOT), manufacturer of clinical and research laboratory products,
 announced today the completion of a debut $325 million senior notes offering
 in a private placement with registration rights.  The notes have a maturity of
 ten years and an 8% coupon rate.  Apogent used the proceeds to repay a portion
 of its variable rate bank debt, thereby diversifying its funding sources with
 a long-term, fixed rate component.
     The senior notes have not been registered under the Securities Act of 1933
 and may not be offered or sold in the United States absent registration or an
 applicable exemption from the registration requirements.
 
     Contact:      Jeffrey C. Leathe
                   Executive Vice President and Chief Financial Officer
     Phone:        (603) 433-6131  Ext. 430
 
 

SOURCE Apogent Technologies Inc.
    PORTSMOUTH, N.H., April 4 /PRNewswire/ -- Apogent Technologies Inc.
 (NYSE:   AOT), manufacturer of clinical and research laboratory products,
 announced today the completion of a debut $325 million senior notes offering
 in a private placement with registration rights.  The notes have a maturity of
 ten years and an 8% coupon rate.  Apogent used the proceeds to repay a portion
 of its variable rate bank debt, thereby diversifying its funding sources with
 a long-term, fixed rate component.
     The senior notes have not been registered under the Securities Act of 1933
 and may not be offered or sold in the United States absent registration or an
 applicable exemption from the registration requirements.
 
     Contact:      Jeffrey C. Leathe
                   Executive Vice President and Chief Financial Officer
     Phone:        (603) 433-6131  Ext. 430
 
 SOURCE  Apogent Technologies Inc.