Parker-Hannifin Corp (PH) Form 8-K — Aug 13, 2026
Parker-Hannifin completed its acquisition of Filtration Group Corporation on August 13, 2026, closing the all-cash merger originally signed on November 10, 2025. The purchase price is $9.25 billion on a cash-free, debt-free basis, subject to a net working capital adjustment. To fund the deal, Parker borrowed $5.25 billion under a 364-day term loan facility with Barclays Bank PLC as administrative agent and $2.50 billion under a three-year term loan facility with KeyBank National Association as administrative agent, for a combined $7.75 billion in new borrowings used to pay a portion of the purchase price and related fees and expenses.
Key figures
- Deal Value Usd
- 9250000000
- Merger agreement date
- 2025-11-10
- Credit agreements date
- 2025-12-10
- Merger completion date
- 2026-08-13
- Credit facility 364 day
- $5.25 billion delayed draw term loan, Barclays Bank PLC administrative agent
- Purchase price structure
- cash purchase price of $9.25 billion on a cash-free, debt-free basis, subject to net working capital adjustment
- Credit facility three year
- $2.50 billion delayed draw term loan, KeyBank National Association administrative agent
Price after filing
Close on the filing date to close N calendar days later (from $1058.87). Historical, not a forecast.
AI analysis
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