Danaher Announces Pricing of Senior Notes Offering
27 February 2009 - 10:10AM
PR Newswire (US)
WASHINGTON, Feb. 26 /PRNewswire-FirstCall/ -- Danaher Corporation
(NYSE: DHR) announced today that it has priced a public offering of
$750 million of its 5.40% senior notes due 2019. Danaher expects to
receive net proceeds, after expenses, of approximately $744
million. Danaher intends to use the net proceeds from this offering
to repay all or a portion of Danaher's outstanding commercial paper
and for other general corporate purposes. The offering is expected
to close on March 5, 2009. Banc of America Securities LLC, Deutsche
Bank Securities Inc. and Goldman, Sachs & Co. are acting as
joint book-running managers. The offering is being made pursuant to
an effective registration statement filed by Danaher Corporation
with the Securities and Exchange Commission on July 14, 2006. The
offering of the senior notes may be made only by means of a
prospectus. A copy of the prospectus and prospectus supplement
relating to the senior notes can be obtained from Banc of America
Securities LLC's Prospectus Department at 100 West 33rd Street New
York, NY 10001, telephone 1-800-294-1322, email ; from Deutsche
Bank Securities Inc. at Harborside Financial Center, 100 Plaza One,
Floor 2, Jersey City, NY, 07311-3988. Attn: Prospectus Department,
telephone 1-800-503-4611, email ; and from Goldman, Sachs &
Co.'s Prospectus Department at 85 Broad Street, New York, NY 10004,
telephone: 1-866-471-2526, facsimile: 1-212-902-9316, email: . This
press release shall not constitute an offer to sell, or the
solicitation of an offer to buy, Danaher's senior notes or any
other securities, nor shall there be any sale of securities
mentioned in this press release in any state in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state. Danaher
Corporation is a leading manufacturer of Professional
Instrumentation, Medical Technologies, Industrial Technologies and
Tools and Components. Statements in this document that are not
strictly historical, including the issuance and sale of senior
notes in the offering, may constitute forward looking statements.
There are a number of risks and uncertainties that could cause
actual results or events to differ materially from those suggested
or indicated by such forward looking statements, including the
factors described in Danaher's Annual Report on Form 10-K for the
year ended December 31, 2008 and other SEC filings of Danaher.
These forward looking statements speak only as of the date of this
release and Danaher does not assume any obligation or intend to
update any forward looking statement. DATASOURCE: Danaher
Corporation CONTACT: Andy Wilson, Vice President, Investor
Relations, of Danaher Corporation, +1-202-828-0850, or Fax,
+1-202-828-0860 Web Site: http://www.danaher.com/
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