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Roper Technologies Prices Public Offering Of $2 Billion Senior Unsecured Notes
Aug 19, 2024•almost 2 years ago
Contract Type
contract
SarasotaSoftware Development
Description
Roper Technologies, Inc. (Nasdaq: ROP) priced a public offering of $500 million of 4.500% Senior Notes due 2029, $500 million of 4.750% Senior Notes due 2032, and $1 billion of 4.900% Senior Notes due 2034. The net proceeds from the sale of the notes will be used for various purposes including repayment of borrowings and funding acquisitions.
Company Information
Company
Roper Technologies
Location
Sarasota, Florida, United States
About
Roper Technologies is a constituent of the S&P 500 and Fortune 500. Roper has a proven, long-term track record of compounding cash flow and shareholder value. The Company operates market leading businesses that design and develop vertical software and technology enabled products for a variety of defensible niche markets. Roper utilizes a disciplined, analytical, and process-driven approach to redeploy its excess free cash flow toward high-quality acquisitions. Additional information about Roper is available on the Company’s website at www.ropertech.com.