Flowserve Prices $500 Million Senior Notes Offering Due 2036

Key Facts

Flowserve Corporation has officially announced the pricing of a $500 million public offering of senior unsecured notes. The notes will carry a coupon rate of 5.700% and are scheduled to mature in 2036. This strategic debt issuance is designed to raise capital and provide the company with long-term financial flexibility. According to the announcement, these notes will rank equally in right of payment with Flowserve's existing senior unsecured indebtedness. The offering is expected to close on May 12, 2026, subject to customary closing conditions. This move highlights the company's ongoing efforts to manage its capital structure and maintain liquidity through the corporate bond market.