Roper Technologies to price benchmark five-, 10-year notes Monday

By Aleesia Forni

New York, Nov. 30 – Roper Technologies Inc. is in the market on Monday with a benchmark offering of senior notes in tranches due 2020 and 2025, according to an informed source and a 424B5 filed with the Securities and Exchange Commission.

BofA Merrill Lynch, J.P. Morgan Securities LLC, Wells Fargo Securities LLC and MUFG are the bookrunners.

The offering features a change-of-control put at 101%.

Proceeds will be used to repay a senior unsecured revolving credit facility.

Roper Technologies is a Sarasota, Fla.-based diversified technology company.

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