Core Viewpoint - Roper Technologies, Inc. has announced a public offering of $2 billion in senior notes with varying maturities and interest rates, aimed at refinancing existing debt and supporting general corporate purposes [1][3]. Group 1: Offering Details - The company is offering $500 million of 4.250% Senior Notes due 2028, $500 million of 4.450% Senior Notes due 2030, and $1 billion of 5.100% Senior Notes due 2035 [1][2]. - Interest on the notes will be paid semi-annually starting March 15, 2026, with the 2028 notes maturing on September 15, 2028, the 2030 notes on September 15, 2030, and the 2035 notes on September 15, 2035 [2]. Group 2: Use of Proceeds - Net proceeds from the sale of the notes will be utilized to repay a portion of borrowings under the company's unsecured credit facility, repay outstanding Senior Notes due September 2025 and December 2025, and for general corporate purposes including future acquisitions [3]. Group 3: Management and Underwriters - BofA Securities, J.P. Morgan Securities, and Wells Fargo Securities are the active joint book-running managers for the offering, with additional roles assigned to other financial institutions [4]. Group 4: Company Background - Roper Technologies is a constituent of the Nasdaq 100, S&P 500, and Fortune 1000, known for its long-term track record of compounding cash flow and increasing shareholder value through disciplined capital redeployment towards high-quality acquisitions [7].
Roper Technologies Prices Public Offering Of $500 Million Senior Unsecured Notes Due 2028, $500 Million Senior Unsecured Notes Due 2030, $1 Billion Senior Unsecured Notes Due 2035