424B2

Prospectus supplement

UnverifiedParker-Hannifin priced 2,025,000,000 euros of senior notes in three tranches (3.800% due 2030, 4.040% due 2032, 4.375% due 2036) to repay 364-Day Credit Agreement borrowings from the $9.25 billion Filtration Group acquisition.

Summary

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  • Parker-Hannifin is offering 700,000,000 euros of 3.800% senior notes due 2030, 800,000,000 euros of 4.040% senior notes due 2032, and 525,000,000 euros of 4.375% senior notes due 2036.
  • Net proceeds of approximately 2,015,663,250 euros, together with a concurrent US$2.4 billion US Dollar notes offering and cash on hand, will repay borrowings under the 364-Day Credit Agreement incurred for the Filtration Group Corporation (FGC) acquisition.
  • The FGC Acquisition closed on August 13, 2026 for a cash purchase price of $9.25 billion, funded with Term Loans, commercial paper, and cash on hand.
  • Interest on all three tranches accrues from September 14, 2026, paid annually, with a change of control triggering event requiring an offer to purchase the notes at 101% of principal plus accrued interest.
  • Parker announced a definitive agreement to acquire CIRCOR International's Commercial and Defense Aerospace business for approximately $2.55 billion in cash, backed by a planned CIRCOR Credit Agreement of up to $2.0 billion.
  • Application has been made to admit the notes to the Official List of Euronext Dublin and to trading on its Global Exchange Market, with settlement on or about September 14, 2026.
2030 notes
700,000,000 aggregate principal amount of 3.800% senior notes due 2030
From the filing for 2030 notes
700,000,000 aggregate principal amount of 3.800% senior notes due 2030.
2032 notes
800,000,000 aggregate principal amount of 4.040% senior notes due 2032
From the filing for 2032 notes
800,000,000 aggregate principal amount of 4.040% senior notes due 2032.
2036 notes
525,000,000 aggregate principal amount of 4.375% senior notes due 2036
From the filing for 2036 notes
525,000,000 aggregate principal amount of 4.375% senior notes due 2036.
FGC purchase price
$9.25 billion
From the filing for FGC purchase price
The cash purchase price of $9.25 billion (the "Purchase Price") was funded with borrowings under the Term Loans
FGC closing date
August 13, 2026
From the filing for FGC closing date
On August 13, 2026, we completed the FGC Acquisition.
Concurrent USD offering
US$2.4 billion
From the filing for Concurrent USD offering
our concurrent offering of US$2.4 billion aggregate principal amount of US Dollar notes
CIRCOR Acquisition
approximately $2.55 billion in cash
From the filing for CIRCOR Acquisition
acquire CIRCOR International, Inc.'s Commercial and Defense Aerospace business (the "CIRCOR Acquisition") for approximately $2.55 billion in cash

The euro notes plus a concurrent US$2.4 billion dollar offering refinance the term loans used to fund Parker's $9.25 billion Filtration Group acquisition. The filing also discloses a pending $2.55 billion purchase of CIRCOR's aerospace and defense business.

Filed
Sep 10, 2026
Accepted
2026-09-10 16:08Z
Accession no.
0001193125-26-387874
Size
988 KB