WASHINGTON, Sept. 23, 2019 /PRNewswire/ -- Danaher
Corporation (NYSE: DHR) ("Danaher") announced today that it will
redeem all of its $500,000,000
aggregate principal amount of 2.400% Senior Notes due 2020 (the
"Danaher 2020 Notes") and all of the $375,000,000 aggregate principal amount of 5.00%
Senior Notes due 2020 originally issued by Pall Corporation and
subsequently guaranteed by Danaher (the "Pall 2020 Notes" and
together with the Danaher 2020 Notes, the "Notes"), in each case at
a redemption price equal to the outstanding principal amount and a
make-whole premium as specified in the applicable indenture, plus
accrued and unpaid interest. The redemption date for the
Notes will be October 24, 2019.
Danaher intends to fund the redemption using a portion of the cash
distribution it received in connection with the initial public
offering of Envista Holdings Corporation, Danaher's Dental
business.
ABOUT DANAHER
Danaher is a global science and technology innovator committed
to helping its customers solve complex challenges and improving
quality of life around the world. Its family of world class brands
has leadership positions in the demanding and attractive health
care, environmental and applied end-markets. With more than 20
operating companies, Danaher's globally diverse team of
approximately 71,000 associates is united by a common culture and
operating system, the Danaher Business System, and its Shared
Purpose, Helping Realize Life's Potential.
View original
content:http://www.prnewswire.com/news-releases/danaher-announces-redemption-of-senior-notes-300923545.html
SOURCE Danaher Corporation