 FLIR Systems, Inc. NASDAQ: FLIR FLIR or the Company, a world leader in the design, manufacture, and marketing of intelligent sensing technologies, today announced it has priced a public offering of 500 million aggregate principal amount of 2.5 notes due August 1, 2030 the Notes. FLIR expects to receive net proceeds of approximately 494 million, after deducting underwriting discounts and estimated offering expenses. The proceeds from the sale of the Notes are expected to be used to redeem FLIRs 425 million in aggregate principal amount of 3.125 notes due June 15, 2021 the 2021 notes, and for general corporate purposes, which may include funding for working capital, investments in our subsidiaries, capital expenditures, acquisitions, and stock repurchases. Also on July 20, 2020, FLIR issued a notice to holders of the 2021 notes that it intends to redeem the 2021 notes in full on August 19, 2020, conditioned on the consummation of the offering of the Notes and receipt of the proceeds therefrom, which is expected to be on August 3, 2020. 