---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-033829"
form_type: "8-K"
ticker: "FTV"
cik: "0001659166"
company_name: "Fortive Corp"
filed_at: "2024-02-13T23:59:59+00:00"
generated_at: "2026-06-06T03:27:38.226417+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Fortive issues €1.2B in 3.700% notes to refinance acquisition-related debt

## Summary
- Issued €500M 3.700% notes due Feb 2026 and €700M 3.700% notes due Aug 2029.
- Net proceeds to refinance term loan and commercial paper borrowings tied to EA Elektro-Automatik acquisition.
- Notes are unsecured, rank equally with existing unsecured debt; not guaranteed.
- Change of control triggering event requires repurchase at 101% of principal plus accrued interest.
- 2026 notes redeemable at make-whole; 2029 notes redeemable at make-whole before July 15, 2029, thereafter at par.

## SEC filing metadata
- accession: 0001193125-24-033829
- form_type: 8-K
- ticker: FTV
- cik: 0001659166
- company_name: Fortive Corp
- filed_at: 2024-02-13T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1659166/000119312524033829/0001193125-24-033829-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1659166/000119312524033829/d774582d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-033829
- JSON: https://secwatch.observer/filing/0001193125-24-033829.json
- Plain text: https://secwatch.observer/filing/0001193125-24-033829.txt

## Key facts
- Debt Financings
  Fortive Corp incurred senior notes of €500 million and €700 million with The Bank of New York Mellon Trust Company, N.A. at 3.700% maturing February 13, 2026 and August 15, 2029.
  - Instrument: senior notes
  - Principal: €500 million and €700 million
  - Counterparty: The Bank of New York Mellon Trust Company, N.A.
  - Rate: 3.700%
  - Maturity: February 13, 2026 and August 15, 2029
  - Event: incurrence
  source text: On February 13, 2024, Fortive Corporation, a Delaware corporation (the “Company”), completed an offering (the “Offering”) of €500 million aggregate principal amount of its 3.700% Notes due 2026 (the “2026 notes”) and €700 million aggregate principal amount of its 3.700% Notes due 2029 (the “2029 notes” and, together with the 2026 notes, the “notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1659166/000119312524033829/0001193125-24-033829-index.htm
- Material Agreements
  Fortive Corp entered into Indenture with The Bank of New York Mellon Trust Company, N.A. valued at €500 million aggregate principal amount of its 3.700% Notes due 2026 and €700 million aggregate prin (effective 2024-02-13).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: The Bank of New York Mellon Trust Company, N.A.
  - Value: €500 million aggregate principal amount of its 3.700% Notes due 2026 and €700 million aggregate prin
  - Effective: 2024-02-13
  source text: In connection with the issuance of the notes, the Company entered into an Indenture, dated February 13, 2024 (the “Base Indenture”), between the Company, as issuer, and The Bank of New York Mellon Trust Company, N.A., as trustee (the “Trustee”), and a Supplemental Indenture No. 1, dated February 13, 2024 (the “First Supplemental Indenture” and, together with the Base Indenture, the “Indenture”), between the Company, as issuer, and the Trustee, which supplemented the Base Indenture.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1659166/000119312524033829/0001193125-24-033829-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.