
Loan & DebtJun 1, 2026, 04:48 PM
Veralto Issues $725M Senior Notes Due 2032 at 4.850%
AI Summary
Veralto Corporation issued $725 million aggregate principal amount of 4.850% Senior Notes due 2032 in an underwritten offering. The company received net proceeds of approximately $718.8 million, which it intends to use for general corporate purposes, including refinancing existing debt, working capital, and capital expenditures. The notes are unsecured, unsubordinated obligations, ranking equally with other unsecured debt and senior to subordinated debt, but effectively and structurally subordinated to secured debt and subsidiary liabilities, respectively.
Key Highlights
- Veralto issued $725 million aggregate principal amount of 4.850% Senior Notes.
- The Senior Notes are due to mature on January 15, 2032.
- Interest on the Notes will be paid semi-annually, beginning January 15, 2027.
- The company received net proceeds of approximately $718.8 million from the offering.
- Proceeds will be used for general corporate purposes, including refinancing and working capital.
- Notes are callable prior to December 15, 2031, at a premium, and at par thereafter.
Price Impact
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