Parker-Hannifin raises credit line to $5B, plans $2B term loan for CIRCOR deal

Parker-Hannifin Corp

New revolving credit agreement on Sept 4, 2026 raises total line to $5.0B, replacing prior facility.
Commercial paper program increased to $5.0B to match credit capacity.
Plans $2.0B delayed draw term loan to help fund $2.55B cash acquisition of CIRCOR's aerospace business.
Acquisition announced May 21, 2026; closing subject to conditions, no assurance of consummation.

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