trending Market Intelligence /marketintelligence/en/news-insights/trending/knjJttSb9OkHBEn-rTZy4A2 content esgSubNav
In This List

Emerson Electric grosses $499.7 million from debt offering

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Post-webinar Q&A: Speed and Scalability – Automation in Credit Risk Modeling

Blog

Customer Success: a $200 million market poised for dramatic growth

451 Research Podcast

Next in Tech | Episode 41: IoT's Role in Energy and Utilities


Emerson Electric grosses $499.7 million from debt offering

Emerson Electric Co. raised gross proceeds of $499.7 million from an offering of 2.625% senior unsecured notes due Dec. 1, 2021.

The company plans to use the proceeds for general corporate purposes or working capital and redemption or repayment of debt securities.

Barclays Capital Inc., BNP Paribas Securities Corp., Citigroup Global Markets Inc., Deutsche Bank Securities Inc., HSBC Securities (USA) Inc. and J.P. Morgan Securities LLC were the lead underwriters.

Merrill Lynch Pierce Fenner & Smith Inc., MUFG Securities Americas Inc., RBC Capital Markets LLC, SMBC Nikko Securities America Inc., U.S. Bancorp Investments Inc. and Wells Fargo Securities LLC also served as underwriters for the offering.