Danaher Corporation announced today that it has launched a EU 300 million ($280 million) five year Eurobond. The notes were issued at 99.992 and have a coupon of 6.25%. Lehman Brothers and Merrill Lynch International were the joint book-running managers. Proceeds will be used to repay part of the short term borrowings from the recent Kollmorgen Corporation and Warner Electric acquisitions.

Danaher Corporation is a leading manufacturer of Process/Environmental Controls and Tools and Components. (http://www.danaher.com/)

SOURCE: Danaher Corporation