Roper Technologies Raises $2 Billion Through Public Offering of Senior Unsecured Notes

Roper Technologies has priced a $2 billion senior unsecured notes offering with three maturities: $500 million due in 2028, $500 million due in 2030, and $1 billion due in 2035. The notes will have interest rates ranging from 4.25% to 5.10%, with semi-annual payments starting in 2026. The offering aims to refinance existing debt and support future acquisitions, with proceeds funding general corporate purposes and potential acquisitions. The notes will be issued as senior unsecured obligations.

Roper Technologies, Inc. (Nasdaq: ROP) has priced a significant public offering of senior unsecured notes totaling $2 billion across three tranches. The notes, due in 2028, 2030, and 2035, will have interest rates of 4.25%, 4.45%, and 5.10%, respectively. The notes will be issued as senior unsecured obligations, with interest payable semi-annually starting in March 2026. The offering is expected to close on August 12, 2025 [1].

The proceeds from the offering will be used to repay existing credit facility borrowings, retire upcoming Senior Notes due in September and December 2025, and fund general corporate purposes, including potential acquisitions. The notes will be managed by a team of investment banks, including BofA Securities, J.P. Morgan Securities, Wells Fargo Securities, and PNC Capital Markets, among others [1].

Roper Technologies' decision to issue these notes is part of its strategy to refinance existing debt and support future growth opportunities. The company has a proven track record of compounding cash flow and increasing shareholder value, and this offering is a continuation of its disciplined approach to capital management. The notes will be sold through an effective shelf registration statement, with full details available in a preliminary prospectus supplement and accompanying prospectus [1].

The offering is subject to customary closing conditions, and the terms of the notes, including risk factors, are outlined in the preliminary prospectus supplement and accompanying prospectus, which can be obtained from the Securities and Exchange Commission's EDGAR database or by contacting the investment banks involved in the offering [1].

References:
[1] https://www.morningstar.com/news/globe-newswire/9508699/roper-technologies-prices-public-offering-of-500-million-senior-unsecured-notes-due-2028-500-million-senior-unsecured-notes-due-2030-1-billion-senior-unsecured-notes-due-2035
[2] https://www.stocktitan.net/news/ROP/roper-technologies-prices-public-offering-of-500-million-senior-0weezllwy7w9.html