Treasury
3-MO 3.91% +8bp 6-MO 4.02% +4bp 1-YR 4.07% -1bp 2-YR 4.25% -3bp 3-YR 4.32% -2bp 5-YR 4.40% -5bp 7-YR 4.54% -5bp 10-YR 4.70% -5bp 20-YR 5.23% -5bp 30-YR 5.23% -4bp 3-MO 3.91% +8bp 6-MO 4.02% +4bp 1-YR 4.07% -1bp 2-YR 4.25% -3bp 3-YR 4.32% -2bp 5-YR 4.40% -5bp 7-YR 4.54% -5bp 10-YR 4.70% -5bp 20-YR 5.23% -5bp 30-YR 5.23% -4bp 3-MO 3.91% +8bp 6-MO 4.02% +4bp 1-YR 4.07% -1bp 2-YR 4.25% -3bp 3-YR 4.32% -2bp 5-YR 4.40% -5bp 7-YR 4.54% -5bp 10-YR 4.70% -5bp 20-YR 5.23% -5bp 30-YR 5.23% -4bp 3-MO 3.91% +8bp 6-MO 4.02% +4bp 1-YR 4.07% -1bp 2-YR 4.25% -3bp 3-YR 4.32% -2bp 5-YR 4.40% -5bp 7-YR 4.54% -5bp 10-YR 4.70% -5bp 20-YR 5.23% -5bp 30-YR 5.23% -4bp 3-MO 3.91% +8bp 6-MO 4.02% +4bp 1-YR 4.07% -1bp 2-YR 4.25% -3bp 3-YR 4.32% -2bp 5-YR 4.40% -5bp 7-YR 4.54% -5bp 10-YR 4.70% -5bp 20-YR 5.23% -5bp 30-YR 5.23% -4bp 3-MO 3.91% +8bp 6-MO 4.02% +4bp 1-YR 4.07% -1bp 2-YR 4.25% -3bp 3-YR 4.32% -2bp 5-YR 4.40% -5bp 7-YR 4.54% -5bp 10-YR 4.70% -5bp 20-YR 5.23% -5bp 30-YR 5.23% -4bp
US Treasury par yield curve · Aug 3 · Source: U.S. Treasury
Monday, August 3, 2026
U.S. Edition
MONEY & WORLD
Subscribe
TFX

Teleflex has closed the $1.5bn sale of its contract manufacturing arm, and the two uses it names for the cash add up to more than the after tax proceeds

Money & World
The Editorial Team ·
A very close photograph of dense brown animal fur filling the whole frame, the hairs lying in overlapping directional sweeps with paler tips and a darker undercoat showing through. No animal, person, object, building, text or lettering is identifiable in the frame, and no place can be read from it.
Photo: Kaboompics / Pexels

One and a half billion dollars, in cash, subject to adjustment. That is the price Teleflex reports receiving for its original equipment manufacturing and development services business, in an 8-K filed at 16:35 on Monday reporting a closing the same day.

The buyer is named in the filing as Lotus US Bidco Inc., a Delaware corporation, acting under an equity purchase agreement dated 9 December 2025. The press release attached as an exhibit describes the sale as being to Montagu and Kohlberg. Neither document states the relationship between the two descriptions.

What the money is already promised to

Teleflex estimates after tax proceeds of approximately $1.25bn.

The press release then names two uses. Debt reduction of $800 million, and completion of a $1 billion share repurchase authorisation. Those add to $1.8bn against roughly $1.25bn of estimated proceeds, which is arithmetic rather than a contradiction: neither document says how much of the buyback authorisation has already been executed, so the amount still to be spent under it is not readable from this filing and the shortfall, if there is one, cannot be sized.

The seller is still a customer

Three ancillary commercial agreements were signed on the closing date, and together they describe a business that has changed hands without the commercial relationship ending.

Teleflex will provide transition services to the OEM business for a specified period. An affiliate of the buyer will develop and manufacture a specified product for Teleflex. And under a long term supply agreement, the buyer or an affiliate will manufacture and supply certain products to Teleflex. The filing gives no duration for any of the three, describing each only as running for a specified period following closing.

Updated guidance for 2026 arrives with second quarter results on 6 August.

The document: Teleflex Incorporated, Form 8-K, items 2.01, 7.01 and 9.01, filed 3 August 2026, accession 0000096943-26-000084.

More on Finance