Thomas & Betts Corp. (TNB) announced that it intends to offer and sell $250 million aggregate principal amount of senior notes due 2021. The company intends to use the net proceeds from the offering to refinance $125 million of 7.25% unsecured notes due 2013, repay up to $95 million of outstanding indebtedness under the company's senior credit facility and for general corporate purposes.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.