secwatch.observer — SEC 8-K summary
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Issuer:     Parker-Hannifin Corp (PH)
CIK:        0000076334
Form:       8-K
Filed at:   2022-06-15T23:59:59+00:00
Accession:  0001193125-22-174515
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Parker-Hannifin completes $3.6B note offering to finance Meggitt acquisition
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- Issued $1.4B of 3.650% notes due 2024, $1.2B of 4.250% notes due 2027, $1.0B of 4.500% notes due 2029.
- Net proceeds, with term loan, commercial paper, and cash, will fund proposed Meggitt acquisition.
- Notes subject to special mandatory redemption at 101% if acquisition not closed by April 3, 2023.
- Notes are senior unsecured obligations ranking equally with other senior unsecured debt.
- Interest paid semi-annually; make-whole redemption provisions apply before specified dates.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/76334/000119312522174515/0001193125-22-174515-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/76334/000119312522174515/d337468d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-174515

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