Weil advised the underwriters in connection with Parker-Hannifin Corporation’s offering of $2.4 billion in aggregate principal amount of senior notes, consisting of $525 million aggregate principal amount of senior notes due 2028, $500 million aggregate principal amount of senior notes due 2029, $750 million aggregate principal amount of senior notes due 2031 and $625 million aggregate principal amount of senior notes due 2033, as well its Euro-denominated notes offering of €2.025 billion in aggregate principal amount of senior notes, consisting of €700 million aggregate principal amount of senior notes due 2030, €800 million aggregate principal amount of senior notes due 2032 and €525 million aggregate principal amount of senior notes due 2036.

The proceeds will be used to repay existing indebtedness. Parker-Hannifin Corporation is a manufacturer of motion and control technologies and systems.

The Weil team included Capital Markets partner Michael Hickey, counsel Stefan Tsourovakas and associates Sarah Lee and Helen Lim (Not Yet Admitted in New York).