Sigma-Aldrich Corp. (NSDQ:SIAL) is attemping to raise $300 million through a debt offering.
The St. Louis-based chemical and biochemical products company priced a public offering of $300 million in senior notes, and plans to use the proceeds of approximately $297.8 million for general corporate purposes, the company said in a Securities & Exchange Commission filing.
The notes are due November 1, 2020 and feature a fixed rate of 3.375 percent, payable semiannually, accoring to the filing.
Sigma-Aldrich expects to complete the offering on October 28, 2010.
