Emerson Electric Co. has entered into a pricing agreement with a syndicate of underwriters to issue €750,000,000 in aggregate principal amount of 4.000% Notes due 2032. The agreement was dated November 10, 2026, and involves J.P. Morgan Securities plc, Citigroup Global Markets Limited, Merrill Lynch International, and Goldman Sachs & Co. LLC as representatives of the underwriters.
The Notes are being sold to the underwriters at an issue price of 99.264% of the principal amount. The underwriters are offering the Notes to the public at a price of 99.639% of the principal amount. The transaction is expected to close on November 13, 2026, subject to customary closing conditions. The Company is applying to list the Notes on the New York Stock Exchange.
Emerson expects the net proceeds from the sale to be approximately €744.5 million, or approximately $830.4 million based on an exchange rate of €1.00 = $1.1154 as of November 6, 2026. The Company intends to use the net proceeds primarily to repay commercial paper borrowings, with the remainder for general corporate purposes.
The Notes will be senior unsecured obligations ranking equally with all existing and future unsecured debt. Interest is payable annually on November 13, beginning November 13, 2027. The Notes will mature on November 13, 2032, and can be redeemed prior to maturity at the redemption prices specified in the Notes. The offering is being made pursuant to an automatic shelf registration statement on Form S-3 (File No. 333-299935), filed with the SEC on November 9, 2026.
