secwatch.observer — SEC 8-K summary
======================================

Issuer:     Parker-Hannifin Corp (PH)
CIK:        0000076334
Form:       8-K
Filed at:   2022-06-08T23:59:59+00:00
Accession:  0001193125-22-170239
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Parker-Hannifin prices $3.6B senior notes offering to finance Meggitt acquisition
--------------------------------------------------------------------------------

- $1.4B 2024 notes at 3.650%, $1.2B 2027 notes at 4.250%, $1.0B 2029 notes at 4.500%.
- Net proceeds, with borrowings and cash, to fund proposed acquisition of Meggitt plc.
- Special mandatory redemption at 101% if Meggitt acquisition not closed by April 3, 2023 or terminated.
- Offering expected to close on or about June 15, 2022; notes registered under S-3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/76334/000119312522170239/0001193125-22-170239-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/76334/000119312522170239/d337440d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-170239

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer