trending Market Intelligence /marketintelligence/en/news-insights/trending/n28OxJuEjGKtkh0BO_izmg2 content esgSubNav
In This List

Parker-Hannifin grosses $597.5 million from debt offering

Case Study

A European Bank Leverages an AIF Scorecard to Help Meet Basel Regulatory Requirements


Private Markets 360 | Episode 6: Benchmarking private investment performance

Case Study

Powering the markets of the future with data and AI


Analyzing Sentiment in Quarterly Earnings Calls — Q3 2023

Parker-Hannifin grosses $597.5 million from debt offering

Parker-Hannifin Corp. raised gross proceeds of $597.5 million from an offering of 4.10% senior unsecured notes due March 1, 2047.

The company plans to use the proceeds for acquisitions or investments.

Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC were the lead underwriters.

BNY Mellon Capital Markets EMEA Ltd., Commerzbank AG, HSBC Securities (USA) Inc., J.P. Morgan Securities PLC, KeyBanc Capital Markets Inc., Lloyds Bank PLC, Mizuho International PLC, MUFG Securities EMEA PLC, PNC Capital Markets LLC, TD Securities (USA) LLC and Wells Fargo Securities International Ltd. also served as underwriters for the offering.