WASHINGTON (dpa-AFX) - Praxair, Inc. (PX) said Friday that it has priced €500 million of 1.625% notes due December 1, 2025.
The offering is expected to close on December 1.
The company anticipates using the proceeds of the offering for general corporate purposes, including repayment of debt and share repurchases under its share repurchase program. Prior to that use, the net proceeds may be invested in short-term investments.
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