Latham Advises on Veralto Corporation’s US$2.1 Billion Senior Notes Offering and €500 Million Senior Notes Offering

On September 11, 2023, Veralto Corporation, a subsidiary of Danaher Corporation, agreed to sell US$700 million aggregate principal amount of 5.500% senior notes due 2026, US$700 million aggregate principal amount of 5.350% senior notes due 2028, and US$700 million aggregate principal amount of 5.450% senior notes due 2033. On September 12, 2023, the Company agreed to sell €500 million aggregate principal amount of 4.150% senior notes due 2031.

Latham & Watkins LLP represented the initial purchasers in the offerings with a capital markets team led by partners Greg Rodgers and Benjamin Cohen, with associates Roger Yarett, Sabrina Singh, and Amanda Farrish. Advice was also provided on benefits and compensation matters by partner Bradd Williamson, with associate Anne Bracaglia; on environmental matters by counsel David Langer; on FCPA matters by partner Joseph Bargnesi; on OFAC/sanctions matters by counsel Andrew Galdes, with associate Ragad Alfaraidy; on tax matters by partner Jiyeon Lee-Lim, with associates Aaron Bernstein and Sam Yang; and on London capital markets matters by partner Fritz Ernemann.