The announcement of a new debt offering can have varying impacts on a company's stock price. It could be seen as a positive sign that the company is confident in its ability to repay the debt, which could lead to a rise in the stock price. On the other hand, it could also be seen as a sign that the company is in need of cash, which could lead to a drop in the stock price. Given these potential outcomes, the impact on Envista's stock price is uncertain at this time.