Parker-Hannifin Borrows $7.75 Billion to Fund Merger
Filed with the SEC on · Summarized by InvestorsBot
Parker-Hannifin borrowed $5.25 billion under a 364-day facility and $2.50 billion under a three-year facility on August 13, 2026, when its merger closed. The funds will pay part of the purchase price and related fees and expenses, increasing the company’s debt obligations.