Loan & DebtJun 3, 2026, 09:01 AM
Nordson Establishes $1.2B Commercial Paper Program
AI Summary
Nordson Corporation established a new unsecured commercial paper program on June 2, 2026, allowing for the issuance of notes up to a maximum aggregate amount of $1.2 billion. The proceeds from these notes will be used for general corporate purposes. The notes will be issued on a private placement basis with maturities not exceeding 364 days and will not be registered under federal or state securities laws.
Key Highlights
- Nordson established a new commercial paper program on June 2, 2026.
- The program allows for issuing unsecured notes up to a maximum of $1.2 billion.
- Proceeds from the notes will be used for general corporate purposes.
- Notes will be issued on a private placement basis.
- Maturities of the notes will not exceed 364 days.
- Notes are not registered under federal or state securities laws.
Price Impact
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