Parker-Hannifin Completes $4.425 Billion Senior Notes Offering

Details

senior notes and €2.025 billion in Euro senior notes, totaling $4.425 billion. The U.S. notes include four tranches due in 2028, 2029, 2031, and 2033, with interest rates ranging from 4.750% to 5.300% per annum. The Euro notes include three tranches due in 2030, 2032, and 2036, with interest rates ranging from 3.800% to 4.375% per annum. The Company intends to use the net proceeds from the offerings, together with cash on hand, to repay borrowings incurred in connection with the acquisition of Filtration Group Corporation.

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About Parker-Hannifin Corporation

Parker-Hannifin Corporation is a global industrial manufacturing company specializing in motion and control technologies. Headquartered near Cleveland, Ohio, and founded in 1917, the company designs, manufactures, and supplies a broad portfolio of fluid power systems, electromechanical controls, and related components for industrial, mobile, and aerospace applications. Its operations are organized primarily into diversified industrial and aerospace systems segments, covering product categories such as hydraulics, pneumatics, filtration, sealing and shielding, climate control, fluid and gas handling, and process control. Parker-Hannifin serves original equipment manufacturers as well as maintenance, repair, and overhaul customers across sectors including manufacturing, transportation, agriculture, construction, oil and gas, power generation, life sciences, and commercial and military aerospace. With a broad global manufacturing and distribution footprint, the company plays a central role in enabling precise motion, efficiency, and reliability in critical equipment and infrastructure worldwide.