Business News
Danaher Announces Pricing of Senior Notes Offering
Friday 27. February 2009 - Danaher Corporation (NYSE: DHR) announced today that it has priced a public offering of $750 million of its 5.40% senior notes due 2019.
Danaher expects to receive net proceeds, after expenses, of approximately $744 million. Danaher intends to use the net proceeds from this offering to repay all or a portion of Danaher’s outstanding commercial paper and for other general corporate purposes. The offering is expected to close on March 5, 2009.
Banc of America Securities LLC, Deutsche Bank Securities Inc. and Goldman, Sachs & Co. are acting as joint book-running managers.
The offering is being made pursuant to an effective registration statement filed by Danaher Corporation with the Securities and Exchange Commission on July 14, 2006.