IDEX issues $500M of 4.950% Senior Notes due 2029 to fund Mott acquisition

IDEX CORP /DE/

Aggregate principal of $500.0M at 4.950% interest, maturing in 2029.
Underwriters include Wells Fargo, BofA Securities, and J.P. Morgan; closing expected August 21, 2024.
Net proceeds, with revolver borrowings and cash, will fund the cash consideration for the Mott Corporation acquisition.
Notes issued under existing indenture with Computershare Trust Company as trustee via Fifth Supplemental Indenture.

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