Emerson Electric 8-K

Summary

Emerson entered a pricing agreement on 11/10/2026 for €750M of 4.000% senior unsecured notes due 2032, with closing expected on 11/13/2026 subject to customary conditions. The company expects to use the net proceeds primarily to repay commercial paper borrowings, with the balance for general corporate purposes.

Key Figures

• Notes: €750M principal, or ≈$837M at the filing’s stated exchange rate, equal to ≈6.9% of Emerson’s $12.2B total debt at 9/30/2026 (FY2026 10-K). The notes rank equally with existing and future unsecured, unsubordinated debt.
• Proceeds and pricing: expected net proceeds of ≈€744.5M (≈$830.4M) before estimated offering expenses; sold to underwriters at 99.264% of principal and offered to the public at 99.639%.
• Interest: 4.000% annually, payable each 11/13 beginning 11/13/2027; maturity is 11/13/2032. Emerson may redeem some or all of the notes before maturity at the specified redemption prices.
• The notes are to be issued in minimum denominations of €100,000 and €1,000 increments above that; Emerson is applying to list them on the New York Stock Exchange.