debt
confidence high
sentiment neutral
materiality 0.55
Veralto issues $2.1B USD senior notes and €500M EUR notes for Danaher separation
Veralto Corp
- Priced $700M 5.500% notes due 2026, $700M 5.350% notes due 2028, $700M 5.450% notes due 2033.
- Also priced €500M 4.150% senior notes due 2031.
- Net proceeds to Danaher as partial consideration for asset contribution in planned separation.
- Danaher will guarantee the notes until the separation closes.
- USD offering closes Sept 18, 2023; EUR offering closes Sept 19, 2023.