MILWAUKEE–(BUSINESS WIRE)–Rockwell Automation, Inc. (NYSE: ROK) today announced the pricing of its notes and debentures in an aggregate principal amount of $500 million, in an underwritten, registered public offering. The $250 million of notes will mature in December 2017 and will bear interest at an annual rate of 5.65 percent. The $250 million of debentures will mature in December 2037 and will bear interest at an annual rate of 6.25 percent. The offering is expected to close on Dec. 3, 2007, subject to customary closing conditions.
Rockwell Automation intends to use the net proceeds from the offering to repay at maturity its 6.15% notes due Jan. 15, 2008 and for general corporate purposes, which may include repayment of commercial paper, acquisitions, investments, additions to working capital, share repurchases, capital expenditures and advances to or investments in its subsidiaries.
Banc of America Securities LLC, Goldman, Sachs & Co. and UBS Investment Bank acted as joint lead book-running managers for the offering. Citigroup Global Markets Inc. and J.P Morgan Securities Inc. acted as senior co-managers. Barclays Capital Inc. and Wells Fargo & Co. acted as junior co-managers.
Copies of the prospectus supplement and the accompanying prospectus relating to the offering can be obtained from:
| Banc of America Securities LLC |
| Prospectus Department |
| 100 West 33rd Street, 3rd Floor |
| New York, New York 10001 |
| Telephone: +1 800-294-1322 |
| Goldman, Sachs & Co. |
| Attn: Prospectus Dept. |
| 85 Broad St., New York, NY 10004 |
Fax: +1 212-902-9316 or email at prospectus-ny@ny.email.gs.com |
| UBS Securities LLC |
| 677 Washington Boulevard |
| Stamford, CT 06901 |
| Telephone: +1 888-722-9555 x3371088 |
