debt
confidence high
sentiment neutral
materiality 0.75
Emerson raises ~$1.54B in debt: €1B + $500M notes; proceeds to fund AspenTech acquisition
EMERSON ELECTRIC CO
- €500M 3.000% Notes due 2031 and €500M 3.500% Notes due 2037 issued; $500M 5.000% Notes due 2035.
- Net proceeds expected ~$1,536.7M (€1.0455/$) for general corporate, commercial paper repayment, and AspenTech deal.
- Transaction expected to close March 4, 2025; notes to be listed on NYSE.