This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Roper Industries Prices Public Offering Of $800 Million Senior Notes Due 2018

SARASOTA, Fla., May 30, 2013 /PRNewswire/ -- Roper Industries, Inc. (NYSE: ROP) announced today the pricing of its public offering of $800 million of 2.050% Notes due 2018 (the "notes"). The offering is expected to close, subject to customary closing conditions, on June 6, 2013.

The notes will bear interest at the rate of 2.050% per year. Interest on the notes will be payable semi-annually on April 1 and October 1 of each year, beginning October 1, 2013. The notes will mature on October 1, 2018.

Roper intends to use the net proceeds from the sale of the notes to repay borrowings under its senior unsecured revolving credit facility.

J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Wells Fargo Securities, LLC and Barclays Capital Inc. are serving as joint book-running managers for the offering. Mitsubishi UFJ Securities ( USA), Inc., Mizuho Securities USA Inc. and SunTrust Robinson Humphrey, Inc. are serving as co-managers for the offering.

The offering is being made pursuant to an effective shelf registration statement, and only by means of a preliminary prospectus supplement dated May 30, 2013 and accompanying prospectus dated November 15, 2012. 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 by contacting J.P. Morgan Securities LLC, 383 Madison Avenue, New York, New York, 10179, Attention: Investment Grade Syndicate Desk- 3 rd Floor, telephone: 212-834-4533; Merrill Lynch, Pierce, Fenner & Smith Incorporated, 222 Broadway, 11 th Floor, New York, New York 10038, Attention: Prospectus Department, telephone: 1-800-294-1322, e-mail: dg.prospectus_requests@baml.com; Wells Fargo Securities, LLC, 1525 West W.T. Harris Blvd., NC0675, Charlotte, North Carolina 28262, Attention: Capital Markets Client Support, telephone: 1-800-326-5897, e-mail: cmclientsupport@wellsfargo.com and Barclays Capital Inc., c/o Broadbridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, telephone: 1-888-603-5847, email: barclaysprospectus@broadbridge.com.

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.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 17,683.58 -46.53 -0.26%
S&P 500 2,068.76 -8.02 -0.39%
NASDAQ 4,991.94 -17.2740 -0.34%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs