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Archive for October 12th, 2010

Funding the acquisition of Intergraph means selling bonds for Hexagon

Tuesday, October 12th, 2010

Hexagon AB plans to sell bonds to refinance part of the loans used to fund the acquisition of Intergraph Corp.

According to the article below, “The company plans to raise $850 million from a share sale to help refinance some of the debt after it completes the purchase. Hexagon said on July 7 it agreed to buy Huntsville, Alabama-based Intergraph for $2.13 billion to add software that helps companies visualize complex data and design factories, ships and oil rigs.”

Hexagon Plans Bond Sale to Retire Intergraph Acquisition Loans Bloomberg Business Week, October 12, 2010

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