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Parker-Hannifin obtains $7.75 billion delayed draw term loans

December 2025

Client(s) Parker-Hannifin Corporation

Jones Day advised Parker-Hannifin Corporation, a global leader in motion and control technologies, in connection with obtaining a 364-day term loan agreement with Barclays Bank PLC, as administrative agent, which provides for a $5.25 billion delayed draw term loan facility, and a three-year term loan agreement with KeyBank National Association, as administrative agent, which provides for a $2.5 billion delayed draw term loan facility.

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