WASHINGTON, July 1, 2015 /PRNewswire/ -- Danaher
Corporation (NYSE: DHR) ("Danaher") announced today that its
wholly-owned subsidiary, DH Europe Finance S.A. ("Danaher
International"), has priced an offering of:
- €500 million principal amount of floating rate senior notes due
2017 at an offering price of 100.000% of the principal amount;
- €600 million principal amount of 1.000% senior notes due 2019
at an offering price of 99.696% of the principal amount;
- €800 million principal amount of 1.700% senior notes due 2022
at an offering price of 99.651% of the principal amount; and
- €800 million principal amount of 2.500% senior notes due 2025
at an offering price of 99.878% of the principal amount.
Danaher expects to receive net proceeds, after estimated
expenses and the underwriters' discounts and commissions, of
approximately €2.68 billion. Danaher anticipates using the
net proceeds from the offering to pay a portion of the purchase
price of the previously announced acquisition of Pall Corporation
and for general corporate purposes. The senior notes will be fully
and unconditionally guaranteed on a senior unsecured basis by
Danaher. The offering is expected to close on July 8, 2015.
Deutsche Bank AG, London
Branch, Merrill Lynch International, BNP Paribas, HSBC Securities
(USA) Inc. and Morgan Stanley
& Co. International plc are acting as joint book-running
managers for the offering.
The offering is being made pursuant to an effective shelf
registration statement on file with the U.S. Securities and
Exchange Commission.
The offering of senior notes may be made only by means of a
prospectus and prospectus supplement. A copy of the
prospectus and prospectus supplement relating to the securities can
be obtained from Deutsche Bank AG, London Branch at Winchester House, 1 Great
Winchester Street, London EC2N
2DB, United Kingdom, Attention:
GRS, Facsimile: +44 207 545 4455; and from Merrill Lynch
International at 2 King Edward
Street, London EC1A 1HQ,
United Kingdom, Attention:
Syndicate Desk, Facsimile +44 207 995 0048.
This press release shall not constitute an offer to sell, or the
solicitation of an offer to buy, the senior notes or any other
securities, nor shall there be any offer, solicitation or sale of
any security mentioned in this press release in any state in which
such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such
state.
ABOUT DANAHER
Danaher is a global science and technology innovator committed
to helping its customers solve complex challenges and improving
quality of life around the world. Its family of world-class brands
has leadership positions in some of the most demanding and
attractive industries, including health care, environmental and
industrial. The Company's globally diverse team of 71,000
associates is united by a common culture and operating system, the
Danaher Business System.
FORWARD-LOOKING STATEMENTS
Statements in this release that are not strictly historical,
including the statements regarding the offering of the senior
notes, the anticipated use of proceeds and the anticipated
acquisition of Pall Corporation, and any other statements regarding
events or developments that we believe or anticipate will or may
occur in the future, may be "forward-looking" statements within the
meaning of the federal securities laws. There are a number of
important factors that could cause actual events to differ
materially from those suggested or indicated by such
forward-looking statements and you should not place undue reliance
on any such forward-looking statements. Additional information
regarding the factors that may cause actual results to differ
materially from these forward-looking statements is available in
our SEC filings, including Danaher's 2014 Annual Report on Form
10-K and Danaher's Quarterly Report on Form 10-Q for the first
quarter of 2015. These forward-looking statements speak only as of
the date of this release and Danaher and Danaher International do
not assume any obligation to update or revise any forward-looking
statement, whether as a result of new information, future events
and developments or otherwise.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/danaher-announces-pricing-of-euro-denominated-senior-notes-offering-300108114.html
SOURCE Danaher Corporation