Flowserve issues $500M 5.700% Senior Notes due 2036 to fund Trillium Flow acquisition

FLOWSERVE CORP

$500M aggregate principal of 5.700% Senior Notes due 2036; closing expected May 12, 2026.
Net proceeds primarily to fund acquisition of Trillium Flow Technologies Valves Division.
If acquisition not consummated by Feb 4, 2027 or terminated, notes redeemable at 101% plus accrued interest.
Underwriters include BofA Securities, J.P. Morgan, Mizuho; some are lenders under revolving credit facility.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

FLOWSERVE CORP entered into Underwriting Agreement with BofA Securities, Inc., J.P. Morgan Securities LLC and Mizuho Securities USA LLC, as representatives of the several underwriters named therein valued at $500 million aggregate principal amount (effective 2026-05-05).

Action: entry
Agreement: underwriting
Counterparty: BofA Securities, Inc., J.P. Morgan Securities LLC and Mizuho Securities USA LLC, as representatives of the several underwriters named therein
Value: $500 million aggregate principal amount
Effective: 2026-05-05

Exact text from the filing

On May 5, 2026, Flowserve Corporation, a New York corporation (the “Company”), entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc., J.P. Morgan Securities LLC and Mizuho Securities USA LLC, as representatives of the several underwriters named therein, relating to the offering and sale of $500 million aggregate principal amount of the Company’s 5.700% Senior Notes due 2036 (the “Notes”).

View on SEC.gov

Browse all material agreements →

FLOWSERVE CORP filing history →

Source: SEC EDGAR

accession 0001193125-26-209137

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.