IDEX Corporation Prices $500M Public Offering Of 4.950% Senior Notes Due 2029; Expected To Close On August 21, 2024
Portfolio Pulse from Benzinga Newsdesk
IDEX Corporation has announced the pricing of a $500 million public offering of 4.950% senior notes due in 2029. The offering is expected to close on August 21, 2024.
August 07, 2024 | 9:41 pm
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IDEX Corporation has priced a $500 million public offering of 4.950% senior notes due 2029, with an expected closing date of August 21, 2024.
The successful pricing of the senior notes indicates strong investor confidence and provides IDEX with significant capital. This can be seen as a positive development for the company's financial health and future growth prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100