Waters prices USD 3.5 billion senior notes offering

Reuters03-18 18:01
Waters prices USD 3.5 billion senior notes offering

Waters priced a USD 3.5 billion offering of senior notes issued by its subsidiary Augusta SpinCo. The issuance comprises USD 650 million 4.321% notes due 2027 and USD 600 million 4.398% notes due 2029. It also includes USD 750 million 4.656% notes due 2031 and USD 750 million 4.945% notes due 2033. The final tranche is USD 750 million 5.245% notes due 2036, and the notes are guaranteed by Waters and certain subsidiaries. Waters said it plans to use the net proceeds, together with cash on hand, to repay USD 3.5 billion of indebtedness under Augusta’s delayed draw term loan incurred in February 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Waters Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: 202603180600PR_NEWS_USPR_____NY13045) on March 18, 2026, and is solely responsible for the information contained therein.

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