Fortive Sets Pricing for Senior Notes Offering

Key Takeaways

Fortive Corporation has announced a registered offering of $1.1 billion in new notes, consisting of $600 million in 4.750% Notes due 2031 and $500 million in 5.250% Notes due 2036.
The proceeds will primarily be used to refinance existing debts, specifically the repayment of the 3.150% Senior Notes maturing in June 2026.
The offering is managed by Morgan Stanley, Barclays Capital, J.P. Morgan Securities, and Scotia Capital, with expected closure on May 14, 2026.

Details of the Offering

Fortive Corporation, headquartered in Everett, Washington, has priced its registered offering of $1.1 billion in new notes to strengthen its financial position. This includes $600 million of 4.750% Notes due May 15, 2031, and $500 million of 5.250% Notes due May 15, 2036. Interest will be paid semi-annually starting November 15, 2026.

The net proceeds from this offering are earmarked for refinancing existing indebtedness, including the repayment of its 3.150% Senior Notes due June 15, 2026, along with associated fees and other corporate purposes.

Fortive plans to close the sale of these notes around May 14, 2026, pending customary closing conditions. The offering is supported by prominent financial institutions: Morgan Stanley, Barclays Capital, J.P. Morgan Securities, and Scotia Capital are serving as joint book-running managers for the transaction.

Investment Considerations

Investors are advised to review the offering’s prospectus and other related documents filed with the U.S. Securities and Exchange Commission (SEC) for comprehensive details about the offering and Fortive’s operational framework. Preliminary and final prospectus supplements will be available on the SEC’s website, and requests for copies can be directed to the managing banks involved in the offering.

This announcement serves solely for informational purposes and does not constitute an offer to sell or a solicitation to buy the notes in any jurisdiction where such action would be illegal without proper registration or qualification.

Company Overview

Fortive innovates essential technologies aimed at enhancing safety and productivity globally. It operates through strategic segments including Intelligent Operating Solutions and Advanced Healthcare Solutions, showcasing brands that lead their respective markets. The organization employs a diverse team of over 10,000 individuals across around 50 countries, focusing on continuous improvement through the Fortive Business System.

Future Outlook

The release includes forward-looking statements regarding Fortive’s management expectations, particularly related to the offering and its anticipated use of proceeds. Potential uncertainties could affect the ability to fully realize the proposed offering and completion as planned. External factors, including market and economic conditions, could yield different outcomes from those anticipated. Key information can be found in Fortive’s SEC filings, including its Annual Report and quarterly updates, which provide additional context regarding its financial strategies and market performance.

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