Financing ·
Parker-Hannifin Corporation priced a combined debt offering of $2.4 billion in U.S. Dollar-denominated senior notes…
PHParker-Hannifin Corp
Parker-Hannifin Corporation priced a combined debt offering of $2.4 billion in U.S. Dollar-denominated senior notes and €2.025 billion in Euro-denominated senior notes on September 8-9, 2026. The U.S. Notes include $525 million due 2028 at 4.75%, $500 million due 2029 at 4.875%, $750 million due 2031 at 5.125%, and $625 million due 2033 at 5.3%. The Euro Notes include €700 million due 2030 at 3.8%, €800 million due 2032 at 4.04%, and €525 million due 2036 at 4.375%. Net proceeds will repay borrowings under a 364-Day Term Loan Agreement incurred for the acquisition of Filtration Group Corporation, with closings expected around September 14, 2026. Parker-Hannifin Corp is a global leader in motion and control technologies that provide engineered systems and solutions for a wide variety of end markets.