Danaher is seeking to raise around $1.8 billion in a four-part bonds sale, The Wall Street Journal reports. The first tranche of $300 million is due to mature in 2013. The second tranche of $400 million, carrying a coupon rate of 1.30%, will mature in 2014, adds Reuters. The second tranche of $500 million, with a rate of 2.3%, is due in 2016. The third tranche of $600 million, with a rate of 3.9%, is due in 2021. The proceeds will be used to partly pay for the acquisition of Beckman Coulte. Deutsche Bank Securities, Merrill Lynch, Pierce, Fenner & Smith, BNP Paribas Securities are some of the joint book-runners for the deal.
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