{"success":true,"data":{"pressRelease":{"id":"32674","rtpr_id":"nBw87bZzGa","ticker":"FTV","exchange":"NYSE","all_tickers":["FTV"],"title":"Fortive Announces Pricing of Offering of Senior Notes","author":"Business Wire","published_at":"2026-05-12T23:41:00.095Z","article_body":"Fortive Announces Pricing of Offering of Senior Notes\n\nFortive Corporation (“Fortive”) (NYSE: FTV) today announced that it has\npriced its registered offering (the “offering”) of $600 million aggregate\nprincipal amount of its 4.750% Notes due 2031 (the “2031 notes”) and $500\nmillion aggregate principal amount of its 5.250% Notes due 2036 (the “2036\nnotes” and, together with the 2031 notes, the “notes”). The 2031 notes\nwill bear interest at 4.750% per annum and mature on May 15, 2031, and the\n2036 notes will bear interest at 5.250% per annum and mature on May 15, 2036.\nInterest on the notes will be paid semi-annually in arrears on May 15 and\nNovember 15 of each year, beginning on November 15, 2026. Fortive intends to\nuse the net proceeds from the offering to refinance certain indebtedness,\nincluding the repayment at maturity of its 3.150% Senior Notes due June 15,\n2026 (plus accrued and unpaid interest thereon), to pay related fees and\nexpenses, and for general corporate purposes. The sale of the notes is\nexpected to close on or about May 14, 2026, subject to customary closing\nconditions.\n\nMorgan Stanley & Co. LLC, Barclays Capital Inc., J.P. Morgan Securities\nLLC and Scotia Capital (USA) Inc. are acting as joint book-running managers\nfor the offering of the notes.\n\nThis offering is being made only by means of a prospectus supplement and the\naccompanying prospectus related to the offering of the notes (collectively,\nthe “prospectus”). The notes will be issued pursuant to an effective shelf\nregistration statement on Form S-3ASR previously filed by Fortive with the\nU.S. Securities and Exchange Commission (the “SEC”). Before you invest,\nyou should read the prospectus and other documents Fortive has filed with the\nSEC for more complete information about Fortive and this offering. The\npreliminary prospectus supplement and an issuer free writing prospectus have\nbeen, and the final prospectus supplement will be, filed with the SEC and are\nand will be available on the SEC’s website at www.sec.gov\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.sec.gov&esheet=54534910&newsitemid=20260512892665&lan=en-US&anchor=www.sec.gov&index=1&md5=11daf12563b5eb871091e78edf1ebb2b)\n. Alternatively, copies of the prospectus, preliminary prospectus supplement\nand, when available, the final prospectus supplement related to this offering\nmay be obtained by contacting Morgan Stanley & Co. LLC at +1-866-718-1649;\nBarclays Capital Inc. at +1-888-603-5847; J.P. Morgan Securities LLC at\n+1-212-834-4533; and Scotia Capital (USA) Inc. at +1-800-372-3930.\n\nThis press release is for informational purposes only and shall not constitute\nan offer to sell or a solicitation of an offer to buy the notes or any\nsecurity and shall not constitute an offer, solicitation or sale in any\njurisdiction in which such offering, solicitation or sale would be unlawful\nprior to registration or qualification under the securities laws of any such\njurisdiction.\n\nABOUT FORTIVE\n\nFortive innovates essential technologies to keep our world safe and\nproductive. Fortive’s strategic segments - Intelligent Operating Solutions\nand Advanced Healthcare Solutions - include iconic inventor brands with\nleading positions in their markets. The company’s businesses design,\ndevelop, manufacture, and market products, software, and services, building on\nleading brand names, innovative technologies, and strong market positions.\nFortive is headquartered in Everett, Washington and employs a team of more\nthan 10,000 research and development, manufacturing, sales, distribution,\nservice, and administrative team members in approximately 50 countries around\nthe world. With a culture rooted in continuous improvement, the core of our\ncompany’s operating model is the Fortive Business System.\n\nFORWARD-LOOKING STATEMENTS\n\nThe release contains information about future expectations, plans and\nprospects of Fortive’s management that constitute forward-looking statements\nwithin the meaning of the U.S. federal securities laws, including statements\nwith respect to Fortive’s expectations to complete the proposed offering and\nits intended use of proceeds therefrom. There can be no assurance that Fortive\nwill be able to complete the proposed offering on the anticipated terms, or at\nall. Actual results may differ materially from those indicated by these\nforward-looking statements as a result of various important factors including,\nbut not limited to, the terms of the offering, risks and uncertainties related\nto whether or not Fortive will consummate the offering, the impact of general\neconomic, industry, market or political conditions and other factors that are\ndiscussed in Fortive’s SEC filings, including its Annual Report on Form 10-K\nfor the year ended December 31, 2025 and its quarterly reports on Form 10-Q\nand other documents periodically filed with the SEC, all of which are\navailable on the SEC’s website at www.sec.gov\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.sec.gov&esheet=54534910&newsitemid=20260512892665&lan=en-US&anchor=www.sec.gov&index=2&md5=68fb7e70ccc66b0a1c3b16bfb5df87db)\n. These forward-looking statements speak only as of the date of this release,\nand Fortive does not undertake any obligation to update or revise any\nforward-looking statement, whether as a result of new information, future\nevents and developments or otherwise.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260512892665/en/\n(https://www.businesswire.com/news/home/20260512892665/en/)\n\nChristina Jones\n\nInvestor Relations\n\nFortive Corporation\n\n6920 Seaway Boulevard\n\nEverett, WA 98203\n\nTelephone: (425) 446-5000\n\nEmail: investors@fortive.com (mailto:investors@fortive.com)\n\n\nCopyright Business Wire 2026","article_body_html":"","raw_payload":{"data":{"id":"nBw87bZzGa","title":"Fortive Announces Pricing of Offering of Senior Notes","author":"Business Wire","ticker":"FTV","created":"2026-05-12T23:41:00.095Z","tickers":["FTV"],"exchange":"NYSE","article_body":"Fortive Announces Pricing of Offering of Senior Notes\n\nFortive Corporation (“Fortive”) (NYSE: FTV) today announced that it has\npriced its registered offering (the “offering”) of $600 million aggregate\nprincipal amount of its 4.750% Notes due 2031 (the “2031 notes”) and $500\nmillion aggregate principal amount of its 5.250% Notes due 2036 (the “2036\nnotes” and, together with the 2031 notes, the “notes”). The 2031 notes\nwill bear interest at 4.750% per annum and mature on May 15, 2031, and the\n2036 notes will bear interest at 5.250% per annum and mature on May 15, 2036.\nInterest on the notes will be paid semi-annually in arrears on May 15 and\nNovember 15 of each year, beginning on November 15, 2026. Fortive intends to\nuse the net proceeds from the offering to refinance certain indebtedness,\nincluding the repayment at maturity of its 3.150% Senior Notes due June 15,\n2026 (plus accrued and unpaid interest thereon), to pay related fees and\nexpenses, and for general corporate purposes. The sale of the notes is\nexpected to close on or about May 14, 2026, subject to customary closing\nconditions.\n\nMorgan Stanley & Co. LLC, Barclays Capital Inc., J.P. Morgan Securities\nLLC and Scotia Capital (USA) Inc. are acting as joint book-running managers\nfor the offering of the notes.\n\nThis offering is being made only by means of a prospectus supplement and the\naccompanying prospectus related to the offering of the notes (collectively,\nthe “prospectus”). The notes will be issued pursuant to an effective shelf\nregistration statement on Form S-3ASR previously filed by Fortive with the\nU.S. Securities and Exchange Commission (the “SEC”). Before you invest,\nyou should read the prospectus and other documents Fortive has filed with the\nSEC for more complete information about Fortive and this offering. The\npreliminary prospectus supplement and an issuer free writing prospectus have\nbeen, and the final prospectus supplement will be, filed with the SEC and are\nand will be available on the SEC’s website at www.sec.gov\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.sec.gov&esheet=54534910&newsitemid=20260512892665&lan=en-US&anchor=www.sec.gov&index=1&md5=11daf12563b5eb871091e78edf1ebb2b)\n. Alternatively, copies of the prospectus, preliminary prospectus supplement\nand, when available, the final prospectus supplement related to this offering\nmay be obtained by contacting Morgan Stanley & Co. LLC at +1-866-718-1649;\nBarclays Capital Inc. at +1-888-603-5847; J.P. Morgan Securities LLC at\n+1-212-834-4533; and Scotia Capital (USA) Inc. at +1-800-372-3930.\n\nThis press release is for informational purposes only and shall not constitute\nan offer to sell or a solicitation of an offer to buy the notes or any\nsecurity and shall not constitute an offer, solicitation or sale in any\njurisdiction in which such offering, solicitation or sale would be unlawful\nprior to registration or qualification under the securities laws of any such\njurisdiction.\n\nABOUT FORTIVE\n\nFortive innovates essential technologies to keep our world safe and\nproductive. Fortive’s strategic segments - Intelligent Operating Solutions\nand Advanced Healthcare Solutions - include iconic inventor brands with\nleading positions in their markets. The company’s businesses design,\ndevelop, manufacture, and market products, software, and services, building on\nleading brand names, innovative technologies, and strong market positions.\nFortive is headquartered in Everett, Washington and employs a team of more\nthan 10,000 research and development, manufacturing, sales, distribution,\nservice, and administrative team members in approximately 50 countries around\nthe world. With a culture rooted in continuous improvement, the core of our\ncompany’s operating model is the Fortive Business System.\n\nFORWARD-LOOKING STATEMENTS\n\nThe release contains information about future expectations, plans and\nprospects of Fortive’s management that constitute forward-looking statements\nwithin the meaning of the U.S. federal securities laws, including statements\nwith respect to Fortive’s expectations to complete the proposed offering and\nits intended use of proceeds therefrom. There can be no assurance that Fortive\nwill be able to complete the proposed offering on the anticipated terms, or at\nall. Actual results may differ materially from those indicated by these\nforward-looking statements as a result of various important factors including,\nbut not limited to, the terms of the offering, risks and uncertainties related\nto whether or not Fortive will consummate the offering, the impact of general\neconomic, industry, market or political conditions and other factors that are\ndiscussed in Fortive’s SEC filings, including its Annual Report on Form 10-K\nfor the year ended December 31, 2025 and its quarterly reports on Form 10-Q\nand other documents periodically filed with the SEC, all of which are\navailable on the SEC’s website at www.sec.gov\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.sec.gov&esheet=54534910&newsitemid=20260512892665&lan=en-US&anchor=www.sec.gov&index=2&md5=68fb7e70ccc66b0a1c3b16bfb5df87db)\n. These forward-looking statements speak only as of the date of this release,\nand Fortive does not undertake any obligation to update or revise any\nforward-looking statement, whether as a result of new information, future\nevents and developments or otherwise.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260512892665/en/\n(https://www.businesswire.com/news/home/20260512892665/en/)\n\nChristina Jones\n\nInvestor Relations\n\nFortive Corporation\n\n6920 Seaway Boulevard\n\nEverett, WA 98203\n\nTelephone: (425) 446-5000\n\nEmail: investors@fortive.com (mailto:investors@fortive.com)\n\n\nCopyright Business Wire 2026"},"type":"article","timestamp":"2026-05-12T23:41:00.141867704Z","server_sent_at_ms":1778629260141},"received_at":"2026-05-12T23:41:00.213Z","source_url":"https://www.businesswire.com/news/home/20260512892665/en/"},"analysis":{"id":"23456","press_release_id":"32674","analysis_json":{"industry":{"label":"Industrial Conglomerates","sector":"Industrials"},"redFlags":["Refinancing lower 3.150% coupon debt with higher 4.750%-5.250% notes"],"eventType":"debt_offering","narrative":"Fortive priced a $1.1 billion aggregate offering of senior notes, split between $600 million of 4.750% notes due 2031 and $500 million of 5.250% notes due 2036.\n\nThe company intends to use the net proceeds to repay its 3.150% Senior Notes maturing June 15, 2026, effectively refinancing near-term debt at a higher interest rate.\n\nThe offering is expected to close on May 14, 2026, with Morgan Stanley, Barclays, J.P. Morgan, and Scotia Capital serving as joint book-running managers.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Routine debt refi at higher rates"},"keyFigures":{"customDimensions":{"notes_2031_rate":"4.750%","notes_2036_rate":"5.250%","notes_2031_principal":600000000,"notes_2036_principal":500000000}},"quotedText":"","namedEntities":{"people":[{"name":"Christina Jones","role":"Investor Relations"}],"products":[],"companies":[{"name":"Fortive Corporation","ticker":"FTV"},{"name":"Morgan Stanley & Co. LLC","relationship":"underwriter"},{"name":"Barclays Capital Inc.","relationship":"underwriter"},{"name":"J.P. Morgan Securities LLC","relationship":"underwriter"},{"name":"Scotia Capital (USA) Inc.","relationship":"underwriter"}],"dollarAmounts":[{"amount":"$600 million","context":"aggregate principal amount of 4.750% Notes due 2031"},{"amount":"$500 million","context":"aggregate principal amount of 5.250% Notes due 2036"}]},"materialImpact":{"score":2,"reasoning":"Routine debt refinancing totaling $1.1 billion to address near-term maturities. While the new notes carry a higher coupon than the debt being retired, this constitutes standard liability management."},"tickerRelevance":{"others":[],"primary":"FTV"},"globalImportance":25,"audienceRelevance":20,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"large-cap","eventGravity":"debt_refinancing","interestRateEnvironment":"higher_cost"}},"event_type":"debt_offering","event_type_secondary":null,"sentiment":"neutral","material_impact_score":2,"narrative":"Fortive priced a $1.1 billion aggregate offering of senior notes, split between $600 million of 4.750% notes due 2031 and $500 million of 5.250% notes due 2036.\n\nThe company intends to use the net proceeds to repay its 3.150% Senior Notes maturing June 15, 2026, effectively refinancing near-term debt at a higher interest rate.\n\nThe offering is expected to close on May 14, 2026, with Morgan Stanley, Barclays, J.P. Morgan, and Scotia Capital serving as joint book-running managers.","key_figures":{"customDimensions":{"notes_2031_rate":"4.750%","notes_2036_rate":"5.250%","notes_2031_principal":600000000,"notes_2036_principal":500000000}},"named_entities":{"people":[{"name":"Christina Jones","role":"Investor Relations"}],"products":[],"companies":[{"name":"Fortive Corporation","ticker":"FTV"},{"name":"Morgan Stanley & Co. LLC","relationship":"underwriter"},{"name":"Barclays Capital Inc.","relationship":"underwriter"},{"name":"J.P. Morgan Securities LLC","relationship":"underwriter"},{"name":"Scotia Capital (USA) Inc.","relationship":"underwriter"}],"dollarAmounts":[{"amount":"$600 million","context":"aggregate principal amount of 4.750% Notes due 2031"},{"amount":"$500 million","context":"aggregate principal amount of 5.250% Notes due 2036"}]},"model_name":"Qwen/Qwen2.5-72B-Instruct-AWQ","prompt_hash":"sha256:a68c0d5c02b24190","schema_hash":"sha256:4b22e0a142e5d4b1","created_at":"2026-05-12T23:48:45.156Z","global_importance":25,"audience_relevance":20,"importance_components":{"tickerTier":"large-cap","eventGravity":"debt_refinancing","interestRateEnvironment":"higher_cost"}},"durationMs":346604,"modelName":"george-droid-qwen-72b"}}