06:01 AM EDT, 03/26/2024 (MT Newswires) -- ESAB ( ESAB ) said late Monday it priced a $700 million offering of 6.25% senior notes due 2029, increasing the amount from the previously set out $600 million.

The company intends to use the net proceeds to repay borrowings under its senior term loan A-3 facility, and the remainder for general corporate purposes.

The offering will likely close on April 9.

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