Parker-Hannifin raises $2.1B commercial paper for Meggitt acquisition; shareholders re-elect directors

Parker-Hannifin Corp

Issued $2,126M commercial paper at avg 0.33% interest, 63-day maturity for Meggitt PLC acquisition escrow.
Bridge loan credit facility reduced to £3,200M after depositing net proceeds and cash.
Shareholders elected 12 directors; all nominees received >92.9M votes for and approval.
Ratified Deloitte & Touche as auditor for FY2022 with 109.97M for, 1.78M against.
Advisory vote on executive compensation approved with 90.93M for, 11.24M against.

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