NEW YORK – Danaher announced Tuesday it has priced an offering of $1 billion of 2.6 percent senior notes due in 2050 at an offering price of 98.97 percent of the principal amount.
The company expects net proceeds to be $980 million after underwriting discounts and offering expenses. Danaher said it will use the money for general corporate purposes, including refinancing of outstanding debts, working capital, and capital expenditures.
The offering is expected to close Oct. 6, subject to customary closing conditions.