NEW YORK – Danaher announced Wednesday that it has priced its offering of €1.7 billion ($1.9 billion) senior notes.
The offering consists of €750 million principal amount of 1.7 percent senior notes due 2024; €500 million principal amount of 2.1 percent senior notes due 2026; and €500 million principal amount of 2.5 percent senior notes due 2030.
The Washington, DC-based conglomerate said it expects to use the funds for general corporate purposes, potentially including repaying some of its outstanding commercial paper borrowings or repayment of amounts borrowed under its five-year revolving credit facility.
The offering is expected to close March 30.