secwatch.observer — SEC 8-K summary
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Issuer:     EMERSON ELECTRIC CO (EMR)
CIK:        0000032604
Form:       8-K
Filed at:   2021-12-09T23:59:59+00:00
Accession:  0001193125-21-352675
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Emerson prices $3B notes offering to fund AspenTech acquisition contribution
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- Issued $1B each of 2.000% Notes due 2028, 2.200% Notes due 2031, and 2.800% Notes due 2051.
- Net proceeds of ~$2.98B will fund ~$6B contribution to AspenTech stockholders as part of merger.
- Closing expected Dec 21, 2021; special mandatory redemption at 101% if AspenTech deal fails by Oct 10, 2022.
- Underwriters include Goldman Sachs & Co. LLC and Citigroup Global Markets Inc.
- Notes sold at issue prices of 99.379%-98.903% of principal; public prices slightly higher.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/32604/000119312521352675/0001193125-21-352675-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/32604/000119312521352675/d264615d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-352675

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