Flowserve prices $500M 2.800% Senior Notes due 2032 to refinance existing debt

FLOWSERVE CORP

Issued $500M aggregate principal amount of 2.800% Senior Notes due 2032.
Net proceeds to redeem 3.500% Senior Notes due 2022 and 4.000% Senior Notes due 2023.
Redemption of outstanding notes set for October 9, 2021.
Underwriting agreement with BofA Securities, J.P. Morgan, and Mizuho as representatives.
Offering expected to close September 23, 2021, subject to customary conditions.

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