Roper Technologies to repay loan, 6.25% notes via new notes

By Marisa Wong

Morgantown, W.Va., Aug. 14 – Roper Technologies, Inc. intends to repay all of its $500 million of outstanding 6.25% senior notes due 2019 and outstanding amounts under its 2016 five-year unsecured credit facility using proceeds from an offering of senior notes.

As of June 30, there were $1,735,000,000 of outstanding borrowings and $77.2 million of outstanding letters of credit under the 2016 facility.

Proceeds from the new notes will also be used for general corporate purposes.

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

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