Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  IDEX Corporation    IEX

Delayed Quote. Delayed  - 09/30 10:02:01 pm
93.57 USD   +0.73%
09/29 IDEX : Tensions spur rise in arms deals for navies
09/27 IDEX CORPORATIO : Declares Regular Quarterly Cash Dividend
09/19 IDEX CORPORATIO : to Webcast Third Quarter 2016 Earnings Call
News SummaryMost relevantAll newsSector news 

IDEX Corporation : Announces Pricing of Public Offering of Senior Notes

share with twitter share with LinkedIn share with facebook
share via e-mail
12/08/2011 | 10:45pm CEST

IDEX CORPORATION (NYSE: IEX) today announced the pricing of its public offering of $350 million principal amount of 4.2% Senior Notes due 2021, with an effective interest rate of 5.4% as a result of the forward starting swap entered into July 2011. These Senior Notes were priced under an effective shelf registration statement filed with the Securities and Exchange Commission.

IDEX intends to use the net proceeds of this offering to repay outstanding indebtedness under its $700 million domestic, multi-currency bank revolving credit facility and for general corporate purposes, which may include strategic acquisitions that complement its business model.

J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Wells Fargo Securities, LLC are acting as joint book-running managers for the offering.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of the Senior Notes or any other securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The offering is being made only by means of a prospectus and the related prospectus supplement. Copies of the prospectus and related prospectus supplemental regarding the offering of the Senior Notes may be obtained from:

J.P. Morgan Securities LLC, 383 Madison Avenue, 3rd floor, New York, NY 10179;

Merrill Lynch, Pierce, Fenner & Smith Incorporated, 100 West 33rd Street,
New York, NY 10001,
Attention: Prospectus Department; 800-294-1322

Wells Fargo Securities, LLC, 1525 West W.T. Harris Blvd., NC0675,
Charlotte, North Carolina 28262;
Attn: Capital Markets Client Support;1-800-326-5897

Forward-Looking Statements

Certain statements contained herein may constitute "forward-looking statements" intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements about the offering of the Senior Notes and are based on our reasonable current expectations. Forward-looking statements may be identified by the use of forward-looking words, such as "intend" and similar words and phrases. Factors, among others, that could cause our actual future actions to differ materially from those described in forward-looking statements include, but are not limited to market conditions and other factors described in our SEC filings. Any such forward-looking statements are not guarantees of future performances and actual results, developments and business decisions may differ from those contemplated by such forward-looking statements.

About IDEX

IDEX Corporation is an applied solutions company specializing in fluid and metering technologies, health and science technologies, dispensing equipment, and fire, safety and other diversified products built to its customers' exacting specifications. Its products are sold in niche markets to a wide range of industries throughout the world. IDEX shares are traded on the New York Stock Exchange and Chicago Stock Exchange under the symbol "IEX".

IDEX Corporation
Heath A. Mitts
Vice President ? Chief Financial Officer

© Business Wire 2011
share with twitter share with LinkedIn share with facebook
share via e-mail
09/29 IDEX : Tensions spur rise in arms deals for navies
09/27 IDEX CORPORATION : Declares Regular Quarterly Cash Dividend
09/19 IDEX CORPORATION : to Webcast Third Quarter 2016 Earnings Call
09/13 FLOWSERVE : Single Screw Pump Market 2016 - Grundfos, Flowserve, KSB, Pentair, I..
09/07 IDEX : and Black Lives Matter Announce Global Partnership
09/06 IDEX : Black Lives Matter partners with charity in sign of growth
09/02 TE CONNECTIVITY : Names Heath Mitts Executive Vice President and Chief Financial..
09/02 IDEX CORP /DE/ : Change in Directors or Principal Officers (form 8-K)
08/31 IDEX CORPORATION : Completes Acquisition of SFC KOENIG
08/31DJTE Connectivity Taps IDEX's Mitts as CFO
More news
Sector news : Pump & Pumping Equipment
09/22 Third Point's Loeb - BOJ move will be 'positive' for markets
09/06DJDanaher to Buy Diagnostics Company Cepheid for $4 Billion
09/06DJDANAHER : To Buy Diagnostics Company Cepheid for $4 Billion
08/31 EU crackdown on multinational tax deals
08/26DJMettler-Toledo to Join S&P 500
More sector news : Pump & Pumping Equipment
News from SeekingAlpha
09/27 IDEX declares $0.34 dividend
08/24 IDEX CORPORATION : Pumping Out Consistent Results At A Premium Price
07/28 IDEX to acquire SFC KOENIG AG for enterprise value of ?217M in cash
07/19 IDEX's (IEX) CEO Andy Silvernail on Q2 2016 Results - Earnings Call Transcrip..
07/19 IDEX Corporation 2016 Q2 - Results - Earnings Call Slides
Financials ($)
Sales 2016 2 137 M
EBIT 2016 443 M
Net income 2016 287 M
Debt 2016 602 M
Yield 2016 1,44%
P/E ratio 2016 24,99
P/E ratio 2017 22,96
EV / Sales 2016 3,62x
EV / Sales 2017 3,36x
Capitalization 7 124 M
More Financials
Duration : Period :
IDEX Corporation Technical Analysis Chart | IEX | US45167R1041 | 4-Traders
Full-screen chart
Technical analysis trends IDEX CORPORATION
Short TermMid-TermLong Term
Technical analysis
Income Statement Evolution
More Financials
Mean consensus OUTPERFORM
Number of Analysts 16
Average target price 89,0 $
Spread / Average Target -4,9%
Consensus details
EPS Revisions
More Estimates Revisions
Andrew K. Silvernail Chairman, President & Chief Executive Officer
Eric D. Ashleman Chief Operating Officer & Senior Vice President
Michael J. Yates VP, Chief Financial & Accounting Officer
James P. MacLennan Chief Information Officer & Senior Vice President
Gregory F. Milzcik Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
XYLEM INC43.70%9 398
LEO GROUP CO LTD--.--%4 274
GRACO INC.2.68%4 120
COLFAX CORP34.60%3 855
More Results