debt
confidence high
sentiment neutral
materiality 0.50
Parker-Hannifin completes €700M issuance of 2.900% Senior Notes due 2030
Parker-Hannifin Corp
- Issued €700M aggregate principal of 2.900% Senior Notes due 2030 on Feb 20, 2025.
- Interest payable annually on March 1, starting March 1, 2026.
- Net proceeds plus cash on hand to repay 1.125% Senior Notes due 2025 at maturity.
- Notes are senior unsecured obligations ranking equally with other senior unsecured debt.
- Offering was registered under Form S-3; prospectus supplement filed Feb 7, 2025.