debt
confidence high
sentiment neutral
materiality 0.60
Air Products issues $1.1B USD notes and €500M Eurobonds; proceeds for general purposes, CP repayment
Air Products & Chemicals, Inc.
- $600M 4.300% Senior Notes due 2028 and $500M 4.900% Senior Notes due 2032 issued.
- €500M 3.250% Notes due 2032 (Eurobonds) expected to close June 16, 2025.
- Net proceeds: ~$1,093M from U.S. notes, ~€495M from Eurobonds.
- Proceeds for general corporate purposes and repayment of commercial paper.
- Eurobonds to be listed on NYSE.
item 8.01item 9.01