Kodak Announces Intention to Offer Approximately $500 Million of Senior Notes
Press release from the issuing company
ROCHESTER, N.Y.--Oct. 6, 2003-- Eastman Kodak Company announced that it intends to commence an offering, subject to market conditions and other factors, of approximately $500 million of senior notes under its existing shelf registration. Citigroup and Lehman Brothers will be joint book-running managers for the offering.
The net proceeds from this offering will be used to repay a portion of Kodak's commercial paper borrowings and to partially fund the company's previously announced acquisition of PracticeWorks, Inc.
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