Roper Technologies Prices Public Offering Of $500 Million Senior Unsecured Notes Due 2028, $500 Million Senior Unsecured Notes Due 2030, $1 Billion Senior Unsecured Notes Due 2035
Roper Technologies (Nasdaq: ROP) has priced a significant public offering of senior unsecured notes totaling $2 billion across three tranches: $500 million of 4.250% notes due 2028, $500 million of 4.450% notes due 2030, and $1 billion of 5.100% notes due 2035.
The notes will be issued as senior unsecured obligations, with interest payable semi-annually starting March 15, 2026. The offering is expected to close on August 12, 2025. Proceeds will be used to repay existing credit facility borrowings, retire upcoming Senior Notes due in September and December 2025, and fund general corporate purposes including potential acquisitions.
Roper Technologies (Nasdaq: ROP) ha emesso un'importante offerta pubblica di obbligazioni senior non garantite per un totale di 2 miliardi di dollari suddivisi in tre tranche: 500 milioni di dollari di obbligazioni al 4,250% con scadenza 2028, 500 milioni di dollari al 4,450% con scadenza 2030, e 1 miliardo di dollari al 5,100% con scadenza 2035.
Le obbligazioni saranno emesse come debiti senior non garantiti, con interessi pagabili semestralmente a partire dal 15 marzo 2026. La chiusura dell'offerta è prevista per il 12 agosto 2025. I proventi saranno utilizzati per rimborsare i prestiti esistenti della linea di credito, estinguere le obbligazioni senior in scadenza a settembre e dicembre 2025, e finanziare scopi aziendali generali, incluse potenziali acquisizioni.
Roper Technologies (Nasdaq: ROP) ha fijado el precio de una importante oferta pública de bonos senior no garantizados por un total de 2 mil millones de dólares divididos en tres tramos: 500 millones de dólares en bonos al 4.250% con vencimiento en 2028, 500 millones de dólares al 4.450% con vencimiento en 2030, y 1 mil millones de dólares al 5.100% con vencimiento en 2035.
Los bonos se emitirán como obligaciones senior no garantizadas, con intereses pagaderos semestralmente a partir del 15 de marzo de 2026. Se espera que la oferta se cierre el 12 de agosto de 2025. Los ingresos se usarán para pagar los préstamos existentes de la línea de crédito, cancelar los bonos senior que vencen en septiembre y diciembre de 2025, y financiar propósitos corporativos generales, incluyendo posibles adquisiciones.
Roper Technologies (나스�: ROP)� � 20� 달러 규모� 선순� 무담� 채권 공모� � 가지 트랜치로 나누� 가격을 책정했습니다: 2028� 만기 4.250% 채권 5� 달러, 2030� 만기 4.450% 채권 5� 달러, 2035� 만기 5.100% 채권 10� 달러입니�.
� 채권들은 선순� 무담� 채무� 발행되며, 이자� 2026� 3� 15�부� 반기별로 지급됩니다. 공모� 2025� 8� 12�� 마감� 예정입니�. 수익금은 기존 신용 대� 상환, 2025� 9월과 12� 만기 예정� 선순� 채권 상환, 그리� 잠재� 인수� 포함� 일반 기업 목적� 사용� 예정입니�.
Roper Technologies (Nasdaq : ROP) a fixé le prix d'une importante émission publique d'obligations senior non garanties totalisant 2 milliards de dollars répartis en trois tranches : 500 millions de dollars d'obligations à 4,250 % échéant en 2028, 500 millions de dollars à 4,450 % échéant en 2030, et 1 milliard de dollars à 5,100 % échéant en 2035.
Les obligations seront émises en tant qu'engagements senior non garantis, avec un intérêt payable semestriellement à partir du 15 mars 2026. La clôture de l'offre est prévue pour le 12 août 2025. Les fonds seront utilisés pour rembourser les emprunts existants de la ligne de crédit, éteindre les obligations senior arrivant à échéance en septembre et décembre 2025, et financer des objectifs généraux d'entreprise, y compris d'éventuelles acquisitions.
Roper Technologies (Nasdaq: ROP) hat eine bedeutende öffentliche Emission von unbesicherten Senior Notes im Gesamtwert von 2 Milliarden US-Dollar in drei Tranchen bepreist: 500 Millionen US-Dollar 4,250% Notes fällig 2028, 500 Millionen US-Dollar 4,450% Notes fällig 2030 und 1 Milliarde US-Dollar 5,100% Notes fällig 2035.
Die Notes werden als unbesicherte Seniorverbindlichkeiten ausgegeben, mit halbjährlichen Zinszahlungen beginnend am 15. März 2026. Der Abschluss der Emission wird für den 12. August 2025 erwartet. Die Erlöse werden zur Rückzahlung bestehender Kreditlinien, zur Ablösung bevorstehender Senior Notes mit Fälligkeit im September und Dezember 2025 sowie zur Finanzierung allgemeiner Unternehmenszwecke einschließlich möglicher Akquisitionen verwendet.
- Substantial $2 billion capital raise strengthens financial position
- Staggered maturity dates (2028, 2030, 2035) provide debt structure flexibility
- Proceeds will help refinance existing debt and support future acquisitions
- New debt offering increases interest expense with rates ranging from 4.250% to 5.100%
- Additional long-term debt obligations could impact financial flexibility
Insights
Roper Technologies raising $2B in new debt through tiered notes offering to refinance existing debt and potentially fund acquisitions.
Roper Technologies has priced a significant $2 billion multi-tranche bond offering, structured across three different maturities with varying interest rates. The offering consists of
This debt issuance appears primarily focused on refinancing, as the company explicitly states it will use the proceeds to repay existing borrowings under its credit facility and retire maturing senior notes due in September and December 2025. The strategic timing suggests Roper is taking advantage of current market conditions to restructure its debt profile before the existing notes mature.
The tiered maturity approach is noteworthy - Roper is allocating half of the total issuance to longer-term 10-year debt, creating a laddered debt structure that provides flexibility while locking in current rates for an extended period. The interest rates on these notes (ranging from
Beyond refinancing, Roper specifically mentions using proceeds for "future acquisitions," which aligns with the company's established growth strategy of acquiring asset-light, software and technology-focused businesses. This signals continued commitment to their acquisition-driven growth model, providing them with readily available capital for potential targets.
SARASOTA, Fla., Aug. 07, 2025 (GLOBE NEWSWIRE) -- Roper Technologies, Inc. (Nasdaq: ROP) (the “Company�) announced today the pricing of its public offering of
The 2028 notes will bear interest at the rate of
Net proceeds from the sale of the notes will be used (i) to repay a portion of the borrowings outstanding under the Company’s five-year unsecured credit facility, (ii) to repay the Company’s outstanding Senior Notes due September 2025 and Senior Notes due December 2025, (iii) for general corporate purposes, including future acquisitions, or (iv) for any combination of the foregoing categories.
For the offering, BofA Securities, Inc., J.P. Morgan Securities LLC and Wells Fargo Securities, LLC are serving as active joint book-running managers for the notes; PNC Capital Markets LLC is serving as active joint book-running manager for the 2035 notes, passive joint book-running manager for the 2030 notes, and co-manager for the 2028 notes; Truist Securities, Inc. is serving as active joint book-running manager for the 2028 notes, passive joint book-running manager for the 2035 notes, and co-manager for the 2030 notes; U.S. Bancorp Investments, Inc. is serving as active joint book-running manager for the 2030 notes, passive joint book-running manager for the 2028 notes, and co-manager for the 2035 notes; Mizuho Securities USA LLC, MUFG Securities Americas Inc., and TD Securities (USA) LLC are serving as passive bookrunners for the notes; and BNP Paribas Securities Corp., Huntington Securities, Inc., RBC Capital Markets, LLC, and Scotia Capital (USA) Inc. are serving as co-managers for the notes.
The offering is being made pursuant to an effective shelf registration statement, and only by means of a preliminary prospectus supplement dated August 7, 2025 and accompanying prospectus dated October 24, 2024. Full details of the offering, including a description of the notes and certain risk factors related to the notes, are contained in the preliminary prospectus supplement and the accompanying prospectus. Copies of these documents may be obtained for free by visiting EDGAR on the Securities and Exchange Commission’s website at http://www.sec.gov or by contacting BofA Securities, Inc., 201 North Tryon Street, NC1-022-02-25, Charlotte, NC 28255-0001, Attention: Prospectus Department, telephone: toll-free 1-800-294-1322, email: [email protected], J.P. Morgan Securities LLC, 383 Madison Avenue, New York, New York, 10179, Attention: Investment Grade Syndicate Desk- 3rd Floor, telephone: 1-212-834-4533 or Wells Fargo Securities, LLC, 608 2nd Avenue South, Suite 1000, Minneapolis, Minnesota, 55402, Attention: WFS Customer Service, telephone: toll-free: 1 800-645-3751, email: [email protected].
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the notes or any other securities, nor will there be any sale of the notes or any other securities in any state or jurisdiction in which such an offer, solicitation or sale is not permitted.
About Roper Technologies
Roper Technologies is a constituent of the Nasdaq 100, S&P 500, and Fortune 1000. Roper has a proven, long-term track record of compounding cash flow and increasing shareholder value. The Company operates market leading businesses that design and develop vertical software and technology enabled products for a variety of defensible niche markets. Roper utilizes a disciplined, analytical, and process-driven approach to redeploy its excess capital toward high-quality acquisitions. Additional information about Roper is available on the Company’s website at .
Contact Information:
Investor Relations
941-556-2601
[email protected]
Forward-Looking Statements
This press release includes “forward-looking statements� within the meaning of the federal securities laws. In addition, we, or our executive officers on our behalf, may from time to time make forward-looking statements in reports and other documents we file with the Securities and Exchange Commission (“SEC�) or in connection with oral statements made to the press, potential investors or others. All statements that are not historical facts are “forward-looking statements.� Forward-looking statements may be indicated by words or phrases such as “anticipate,� “estimate,� “plans,� “expects,� “projects,� “should,� “will,� “believes,� “intends,� and similar words and phrases. These statements reflect management’s current beliefs and are not guarantees of future performance. They involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in any forward-looking statement.
Additional examples of forward-looking statements in this press release include but are not limited to statements regarding the expected timing and benefits of the offering of notes and the use of proceeds therefrom. These assumptions could prove inaccurate. Although we believe that the estimates and projections reflected in the forward-looking statements are reasonable, our expectations may prove to be incorrect. Important factors that could cause actual results to differ materially from estimates or projections contained in the forward-looking statements include, but are not limited to, those discussed in the section entitled “Risk Factors� in our Annual Report on Form 10-K for the year ended December 31, 2024 and our Quarterly Reports on Form 10-Q for the quarters ended March 31, 2025 and June 30, 2025 which we have filed with the SEC. You should understand that the following important factors, in addition to those discussed in our SEC-filed documents, could affect our future results, and could cause those results or other outcomes to differ materially from those estimates or projections in the forward-looking statements: our ability to consummate the offering of notes on the timeline provided or at all; general economic conditions; difficulty making acquisitions, including receiving the necessary regulatory approvals (including clearance under the Hart-Scott-Rodino Act in the U.S. and similar antitrust regulations in foreign countries), and successfully integrating acquired businesses; any unforeseen liabilities associated with future acquisitions; information technology system failures, data security breaches, network disruptions, and cybersecurity events, including any litigation arising therefrom; failure to comply with new data privacy laws and regulations, including any litigation arising therefrom; risks and costs associated with our international sales and operations; rising interest rates; limitations on our business imposed by our indebtedness; product liability, litigation, and insurance risks; future competition; reduction of business with large customers; risks associated with government contracts; changes in the supply of, or price for, labor, energy, raw materials, parts and components, including as a result of inflation or potential supply chain constraints; potential write-offs of our goodwill and other intangible assets; our ability to successfully develop new products; failure to protect our intellectual property; unfavorable changes in foreign exchange rates; risks related to changing U.S. and foreign trade policies, including increased trade restrictions or tariffs (including repeal of the United States-Mexico-Canada Agreement); increased warranty exposure; environmental compliance costs and liabilities; the effect of, or change in, government regulations (including tax); risks associated with the use of artificial intelligence; economic disruption caused by armed conflicts (such as the war in Ukraine and the conflicts in the Middle East), terrorist attacks, health crises, or other unforeseen geopolitical events; and the factors discussed in other reports we file with the SEC from time to time.
We believe these forward-looking statements are reasonable; however, you should not place undue reliance on any forward-looking statements, which are based on current expectations. Further, forward-looking statements speak only as of the date they are made, and we undertake no obligation to publicly update any of these statements in light of new information or future events.
