debt
confidence high
sentiment neutral
materiality 0.60
Ecolab issues $500M of 5.000% Notes due 2035; proceeds may fund Ovivo Electronics acquisition
ECOLAB INC.
- Issued $500M aggregate principal of 5.000% Notes due September 1, 2035.
- Interest at 5.000% per annum, payable semi-annually starting March 1, 2026.
- Net proceeds for general corporate purposes, including partial funding of Ovivo Electronics acquisition.
- Notes redeemable at company's option; change of control triggers 101% repurchase offer.
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