Parker-Hannifin Corp (PH) Form 424B5 — Sep 9, 2026
Parker-Hannifin filed a preliminary prospectus supplement for a euro-denominated senior notes offering in three tranches maturing in 2030, 2032 and 2036. Pricing details including principal amounts, coupons and yields are blank pending completion, and the notes carry a 101% change-of-control put with intended listing on Euronext Dublin's Global Exchange Market.
Key figures
- Revenue
- 21500000000
- Total Debt
- 8565000000
- Debt Amount
- US$2.4 billion concurrent USD notes offering (euro tranche principal amount not yet stated)
- Cash Position
- 501000000
- Existing Usd Notes
- 6625000000
- Usd Notes Tranches
- ["$525M 4.750% due 2028","$500M 4.875% due 2029","$750M 5.125% due 2031","$625M 5.300% due 2033"]
- Existing Euro Notes
- approximately $800 million (EUR 700 million)
- Shareholders Equity
- 15404000000
- Bridge Borrowing Rate
- approximately 4.6% per annum at incurrence
- Euro Notes Maturities
- ["2030","2032","2036"]
- Minimum Denomination
- EUR 100,000 plus integral multiples of EUR 1,000
- Total Capitalization
- 23969000000
- Circor Credit Facility
- up to $2.0 billion
- Circor Acquisition Price
- approximately $2.55 billion in cash
- Change Of Control Put Price
- 101% of principal plus accrued interest
- Fgc Acquisition Close Date
- 2026-08-13
- Three Year Credit Agreement
- 2500000000
- Commercial Paper Program Size
- 5000000000
- New Revolving Credit Facility
- 5000000000
- Fgc Acquisition Purchase Price
- 9250000000
Price after filing
1 day: -1.6%7 days: -3.2%30 days: -0.3%
Close on the filing date to close N calendar days later (from $949.47). Historical, not a forecast.
AI analysis
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