PH: Parker-Hannifin Completes $2.4B US and €2.025B Euro Senior Notes Offerings on September 14, 2026
· The NYC Memo
Parker-Hannifin Corporation completed registered offerings on September 14, 2026, comprising $2.4 billion in aggregate principal amount of U.S. senior notes and €2.025 billion in aggregate principal amount of Euro senior notes. The U.S. Notes included tranches due 2028-2033 with rates from 4.750%-5.300%, and the Euro Notes tranches due 2030-2036 with rates from 3.800%-4.375%.
Net proceeds are intended to repay borrowings under a 364-Day Term Loan Agreement for the Filtration Group Corporation acquisition.