Parker-Hannifin prices €700M 2.900% senior notes due 2030 to repay 2025 notes

Parker-Hannifin Corp

€700 million aggregate principal of senior notes priced at 2.900% per annum, maturing 2030.
Proceeds plus cash on hand will repay its 1.125% senior notes due 2025 at maturity.
Offering expected to close on or about February 20, 2025, under S-3 shelf registration.
Interest paid annually in arrears on March 1, beginning March 1, 2026.
Underwriters include Citigroup, HSBC, and Morgan Stanley.

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