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Stryker Corporation Announces Pricing of Senior Notes
Date:1/12/2010

KALAMAZOO, Mich., Jan. 12 /PRNewswire-FirstCall/ -- Stryker Corporation (NYSE: SYK) announced today that it has priced an offering to sell $500 million of senior unsecured notes due 2015 (the "2015 Notes") and $500 million of senior unsecured notes due 2020 (the "2020 Notes").  The 2015 Notes will bear interest at 3.00% per year and, unless previously redeemed, will mature on January 15, 2015.  The 2020 Notes will bear interest at 4.375% per year and, unless previously redeemed, will mature on January 15, 2020.  

The Company intends to use the net proceeds from the offering for working capital and other general corporate purposes, including acquisitions, stock repurchases and other business opportunities.  

As previously announced, BofA Merrill Lynch, Barclays Capital and Wells Fargo Securities are acting as joint book-running managers for the offering.  This offering is being made pursuant to a prospectus supplement to the Company's prospectus, dated January 12, 2010, filed as part of the Company's effective universal shelf registration statement.  Copies of the preliminary prospectus supplement and accompanying prospectus relating to the notes may be obtained by contacting the joint book-running managers: Banc of America Securities, Attn: Prospectus Department, 100 West 33rd Street, 3rd Floor, New York, NY 10001, or by calling 800-294-1322 or by emailing '/>"/>

SOURCE Stryker Corporation
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