ESAB Corporation announced that it intends to offer senior notes in an aggregate principal amount of $600 million maturing in 2029 (the ?Notes?), subject to market conditions. ESAB intends to use the net proceeds from the sale of the Notes to repay the outstanding borrowings under its senior term loan A-3 facility, with the remainder to be used for general corporate purposes. The Notes will be guaranteed by certain of ESAB?s domestic subsidiaries.

The Notes and the related Guarantees have not been, and will not be, registered under the Securities Act of 1933, as amended or the securities laws of any other jurisdiction. As a result, the Notes and the related Guarantees may not be offered or sold within the United States to or for the account or benefit of any U.S. person unless the offer or sale would qualify for a registration exemption under the Securities Act and applicable state securities laws. Accordingly, the Notes and the related Guarantees are being offered only to a limited number of U.S. investors that ESAB reasonably believes to be qualified institutional buyers in accordance with Rule 144A under the Securities Act, and to certain persons outside the United States in accordance with Regulation S under the Securities Act.