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People & Business :: Companies

Airgas Issues $400 Million in New Debt

3:15 PM MDT | September 8, 2009 | Vincent Valk

Airgas has issued $400 million in new debt carrying an interest rate of 4.5%, the company says. The debt will mature on September 15, 2014 and is rated BBB by Standard and Poor's and Baa3 by Moody's. Bank of America, Barclays Capital and JP Morgan are acting as book-running managers for the issuance. The debt offering is scheduled to close on Friday, September...

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