Donaldson signs note purchase agreement for up to $1.5 billion with institutional investors
DCI•Donaldson entered an agreement allowing it to issue up to $1.5 billion in senior unsecured notes. Its initial $250 million issuance is expected on January 12, 2027, subject to closing conditions.
1. Initial note issuance
The initial Series 2026-A issuance comprises $125 million of notes carrying a 5.93% rate and maturing in 2032, $75 million carrying a 6.1% rate and maturing in 2034, and $50 million carrying a 6.23% rate and maturing in 2037.
