secwatch.observer — SEC 8-K summary
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Issuer:     IDEX CORP /DE/ (IEX)
CIK:        0000832101
Form:       8-K
Filed at:   2024-08-21T23:59:59+00:00
Accession:  0001193125-24-204531
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IDEX issues $500M of 4.950% senior notes due 2029 to fund Mott acquisition
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- Issued $500M aggregate principal of 4.950% senior notes due September 1, 2029.
- Net proceeds ~$495M after underwriting discount and expenses of ~$1.7M.
- Proceeds plus credit facility and cash to fund the previously announced Mott Corporation acquisition.
- Notes subject to special mandatory redemption at 101% if Mott deal not closed by November 20, 2024 or terminated.
- Interest payable semi-annually on March 1 and September 1, commencing March 1, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/832101/000119312524204531/0001193125-24-204531-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/832101/000119312524204531/d852169d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-204531

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