Deals • 06/05/2019

Loop Capital Markets serves as co-manager on $2.375 billion senior unsecured bond offering of Parker-Hannifin Corporation

On June 5, 2019, Loop Capital Markets served as a co-manager on a three-part, $2.375 billion, senior unsecured bond offering of Parker-Hannifin Corporation.  The notes are rated Baa1/A across 30-year, 10-year and 5-year tenors.

Parker-Hannifin intends to use the net proceeds of the offering for acquisition financing and general corporate purposes.

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