Fortive completes $1.1 billion notes offering due 2031 and 2036
Fortive completed an underwritten offering of $600 million of 4.750% notes due 2031 and $500 million of 5.250% notes due 2036, both dated May 14, 2026. The company plans to use the net proceeds mainly to refinance debt, including repaying at maturity its 3.150% senior notes due June 15, 2026.
Key points
- $600 million of 4.750% notes mature May 15, 2031; $500 million of 5.250% notes mature May 15, 2036
- Proceeds are intended to refinance indebtedness, including the 3.150% senior notes due June 15, 2026, plus related fees and general corporate purposes
- Interest is paid semi-annually from November 15, 2026; a change of control plus rating event triggers an offer to repurchase at 101% of principal
The filing
Written by AI on Nov 8, 2026, 12:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 14, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.