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Dover Launches $230 Million Tender Offer for Outstanding Notes

Dover Launches $230 Million Tender Offer for Outstanding Notes

MT newswireMT newswire2026/10/26 09:30
05:30 AM EDT, 10/26/2026 (MT Newswires) -- Dover (DOV) said Monday that it launched cash tender offers to repurchase up to $230 million of outstanding notes across four series maturing between 2028 and 2041. It said the offers prioritize 6.65% debentures due 2028, followed by 6.6% notes due 2038 and two 5.375% debt series due 2035 and 2041. The offers expire Oct. 30 and are subject to conditions, including completion of a new notes offering to fund repayment of 600 million euros ($672.89 million) of 1.25% notes due 2026, Dover added. Dover expects to settle the tender offers on Nov. 3, subject to the terms and conditions.
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