AMPHENOL CORP /DE/ 8-K

What Happened

• Amphenol Corporation announced on May 12, 2026 that it issued €600 million of 3.375% Senior Notes due 2029 and €500 million of 3.875% Senior Notes due 2034 in an underwritten public offering. The company received net proceeds of approximately €1,093.1 million and issued the notes under its March 16, 2023 indenture.

Key Details

• Amounts & rates: €600,000,000 at 3.375% (matures May 12, 2029); €500,000,000 at 3.875% (matures May 12, 2034).
• Interest & payments: interest payable annually on May 12 beginning May 12, 2027; record date is one business day before each payment.
• Use of proceeds: planned to repay borrowings under the U.S. commercial paper program and the 364‑day unsecured delayed draw term loan, and for general corporate purposes.
• Security and ranking: both series are unsecured senior obligations, ranking equally with Amphenol’s other unsecured senior debt; callable with make‑whole premium prior to specified windows and at par close to maturity.

Why It Matters

• This transaction refinances short‑term borrowings and extends Amphenol’s debt maturity profile to 2029 and 2034, locking in fixed interest rates that will affect future interest expense. Because the notes are unsecured and rank equally with other senior debt, they do not change the company’s secured/unsecured creditor priority. Investors should note the reduced reliance on short‑term commercial paper and the added long‑term debt obligations when assessing Amphenol’s liquidity and capital structure.