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Author: Foolsen Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 25  
Subject: More Debt for Brady? Date: 3/2/2006 3:35 PM
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I became aware of Brady because of a pending job interview with one of their (very small) subsidiaries. I think this company has a lot going for it as an investment, more or less as a proxy for the world economy. MF and others have expressed some concern with the pace of acquisitions (they just announced another one today). Perhaps mounting debt is another potential concern: here's a press release from 2/16/2006.

Brady Corporation Announces Successful Completion of $200 Million Debt Offering
Thursday February 16, 4:05 pm ET

MILWAUKEE, Feb. 16 /PRNewswire-FirstCall/ -- Brady Corporation (NYSE: BRC - News), a world leader in identification solutions, announced today that it has successfully completed the private placement of $200 million in ten-year notes at 5.3 percent to institutional investors. The notes will be amortized in equal installments over 7 years, beginning in 2010. Brady intends to use the net proceeds of the offering to finance previously announced acquisitions and future acquisitions, and for general corporate purposes....
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