Parker-Hannifin Corporation has entered into two new term loan agreements with a consortium of financial institutions, securing access to up to $7.75 billion in credit facilities. The agreements include a $5.25 billion 364-day delayed draw term loan led by Barclays Bank PLC and a $2.5 billion three-year delayed draw term loan led by KeyBank National Association. The company intends to use the proceeds, if drawn, to finance part of its proposed acquisition of Filtration Group Corporation. As of December 10, 2025, Parker-Hannifin has not yet borrowed any funds under these new credit facilities. Interest on any borrowings will be based on the secured overnight financing rate plus a margin tied to the company's credit ratings.
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