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Amphenol issuing $500M in debt

Amphenol Corp. says it is issuing $500 million of debt, proceeds to fund operations for the Wallingford maker of fiber-optic cable and connectors.

The senior notes due 2022 bear 4 percent interest annually.

The offer is due to close Thursday.

Barclays Capital Inc., Deutsche Bank Securities Inc. and J.P. Morgan Securities LLC are acting as book-running managers for the offering.

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