Summary
Danaher Corporation (DHR) announced on June 3, 2026, the closing of a private placement of senior unsecured notes totaling CHF 2,682,880,000. These notes are issued by its subsidiary, DH Masi Finance Inc., and are fully and unconditionally guaranteed by Danaher. The issuance comprises seven series of notes with varying maturities ranging from 2031 to 2056 and fixed interest rates from 1.65% to 2.51%. The net proceeds from this debt offering are intended for general corporate purposes, including working capital, potential acquisitions, and share repurchases. The terms of the note purchase agreement are consistent with Danaher's existing debt obligations and include customary covenants and events of default. This transaction diversifies Danaher's funding sources and extends its debt maturity profile.
Key Highlights
- 1Danaher Corporation, through its subsidiary DH Masi Finance Inc., successfully issued CHF 2,682,880,000 in senior unsecured notes.
- 2The notes are guaranteed by Danaher Corporation, providing full and unconditional support to investors.
- 3The issuance consists of seven tranches (Series A through G) with staggered maturity dates from June 3, 2031, to June 3, 2056.
- 4Fixed interest rates on the notes range from 1.65% (Series A, due 2031) to 2.51% (Series F, due 2046).
- 5Proceeds will be used for general corporate purposes, including working capital, acquisitions, and share repurchases.
- 6The transaction was a private placement, exempt from registration under the Securities Act of 1933.
- 7Covenants and terms are standard for senior unsecured notes in private placements and align with existing debt agreements.