04:11 AM EDT, 08/20/2024 (MT Newswires) -- Roper Technologies ( ROP ) said late Monday it has priced a public offering of $500 million of 4.5% senior notes due 2029, $500 million of 4.75% senior notes due 2032, and $1 billion of 4.9% senior notes due 2034.
The company plans to use the net proceeds for the repayment of debt, including its outstanding 2.35% senior notes due 2024 and borrowings under its five-year unsecured credit facility, as well as for general corporate purposes.
Closing of the offering is expected to occur on Wednesday, subject to customary closing conditions.
Price: 550.00, Change: +0.12, Percent Change: +0.02