8-KOther EventsExhibits & Filings

DANAHER CORP /DE/ 8-K Report, Corporate Update (Mar 6, 2009)

Filed March 6, 2009For Securities:DHR

Summary

Danaher Corporation (DHR) announced on March 5, 2009, the successful completion of a public offering of $750 million in aggregate principal amount of 5.40% senior notes due 2019. The company received net proceeds of approximately $744 million after accounting for underwriting discounts and expenses. This debt issuance, made under an existing indenture and a new supplemental indenture, provides Danaher with significant capital. While the filing doesn't specify the exact use of proceeds, such debt offerings are typically utilized for general corporate purposes, including funding strategic initiatives, acquisitions, or managing existing debt. Investors should monitor how these proceeds are deployed to assess their impact on the company's financial health and future growth prospects.

Key Highlights

  • 1Danaher Corporation completed a public offering of $750 million in 5.40% senior notes due 2019.
  • 2The offering occurred on March 5, 2009.
  • 3Net proceeds received by Danaher were approximately $744 million.
  • 4The senior notes were issued under an indenture dated December 11, 2007, with a supplemental indenture dated March 5, 2009.
  • 5Banc of America Securities LLC, Deutsche Bank Securities Inc., and Goldman, Sachs & Co. acted as underwriters.
  • 6The filing provides the supplemental indenture as Exhibit 4.1.
  • 7The proceeds are available for general corporate purposes, though specific uses are not detailed in this report.

Frequently Asked Questions

This 8-K filing primarily announced Danaher Corporation's successful public offering of $750 million in senior notes due 2019 and provided details regarding the issuance, including the principal amount, interest rate, maturity date, net proceeds, and the relevant legal documentation (supplemental indenture).

Danaher Corporation raised $750 million in aggregate principal amount from the sale of its senior notes. After deducting underwriting discounts and expenses, the company received net proceeds of approximately $744 million.

The new senior notes carry a fixed interest rate of 5.40% and are due in 2019.

Investors can refer to the supplemental indenture dated March 5, 2009, filed as Exhibit 4.1 to this 8-K filing, and the existing indenture dated December 11, 2007, which was previously filed. The purchase agreement with the underwriters was filed on March 3, 2009.