IntrinsicIntrinsic

Financing ·

Air Products and Chemicals, Inc. has issued $600 million in 4.300% senior notes due 2028 and $500 million in 4.900%…

APDAir Products & Chemicals, Inc.

Air Products and Chemicals, Inc. has issued $600 million in 4.300% senior notes due 2028 and $500 million in 4.900% senior notes due 2032, generating approximately $1.093 billion in net proceeds. Additionally, the company is issuing €500 million in 3.250% Eurobonds, expected to net approximately €495 million, to fund general corporate purposes and repay outstanding commercial paper. This significant capital raise provides the company with enhanced liquidity and allows for the strategic refinancing of short-term obligations into longer-term debt.

More from Air Products & Chemicals, Inc.

Explore APD