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ResMed completes $500M debt offering

July 16, 2019HME News Staff

SAN DIEGO - ResMed has completed a $500 million private placement debt offering, with proceeds used to pay down current borrowings on the company's senior unsecured revolving credit facility. “We are pleased to complete this U.S. private placement offering on attractive terms,” said Brett Sandercock, CFO. “The transaction significantly lengthens our average debt maturity profile and provides improved visibility on our long-term funding costs.” The company has closed a private...

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