Cases & Deals

Parker-Hannifin completes registered offering of €2.025 billion of Senior Notes

Client(s) Parker-Hannifin Corporation

Jones Day represented Parker-Hannifin Corporation, a leading worldwide diversified manufacturer of motion and control technologies and systems, in connection with its SEC-registered offering of €2.025 billion aggregate principal amount of senior notes, including €700 million of 3.800% senior notes due 2030, €800 million of 4.040% senior notes due 2032 and €525 million of 4.375% senior notes due 2036, which are listed on Euronext Dublin.

Parker-Hannifin used the net proceeds to repay temporary financing incurred in connection with its acquisition of Filtration Group Corporation from Madison Industries.