VIENNA (Reuters) – Austrian sensor maker AMS <AMS.S> <AMS.VI> said on Monday it sold an additional 200 million euros ($226.7 million) in 6% senior notes due in 2025 at an issue price of 100.75% and an implied 5.82% yield to maturity.
An additional $50 million, 7% senior notes were sold at an issue price of 100.75% and an implied 6.82% yield to maturity, the group said.
AMS, which closed the takeover of German lighting group Osram <OSRn.DE> on Thursday, said it would use the proceeds for “general corporate purposes” including the refinancing of existing debt.
The issuance followed the previous closing of 650 million euros and $400 million in senior notes this month.
(Reporting by Kirsti Knolle)