Dover Announces 300 Million Euro Offering

Print Page Print PageRSS Feeds RSS FeedsE-mail Alerts E-mail Alerts

Press Release

  View printer-friendly version

<<  Back

Dover Announces 300 Million Euro Offering

PDF Format

DOVER ANNOUNCES 300 MILLION EURO OFFERING

Downers Grove, IL, November 26, 2013 - Dover (NYSE: DOV) announced today that it will issue €300 million of 2.125% Notes due 2020. The net proceeds from the sale of the notes will be used for general corporate purposes.

The new notes will be redeemable at the option of Dover in whole or in part at any time at a redemption price that includes a make-whole premium, with accrued interest to the redemption date. The transaction is anticipated to close on December 4, 2013.

Dover intends to apply to list the notes on the New York Stock Exchange.

Deutsche Bank AG, London Branch, and Goldman, Sachs & Co. are the joint book-running managers for the offering.  The notes will be issued pursuant to an effective shelf registration statement that was previously filed with the Securities and Exchange Commission. This press release does not constitute an offer to sell or the solicitation of an offer to buy the offered notes, nor shall there be any sale of the notes in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.  

The notes were offered by means of the preliminary prospectus supplement and accompanying prospectus for the offering. Electronic copies of the preliminary prospectus supplement and accompanying prospectus for the offering may be obtained for free by searching the SEC online database (EDGAR) on the SEC website at www.sec.gov. Alternatively, copies of the preliminary prospectus supplement and accompanying prospectus for the offering may be obtained by contacting the joint book-running managers at the following addresses or telephone numbers:

Deutsche Bank
60 Wall Street, New York, NY 10005-2836
Attention: Prospectus Group
Telephone toll-free:  1-800-503-4611

Goldman, Sachs & Co.
100 Burma Road
Jersey City, NJ 07305
Telephone toll-free:  1-866-471-2526

This communication is directed solely at (i) persons outside the United Kingdom, or (ii) persons with professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 as amended (the "Order"), (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2) of the Order and (iv) other persons to whom an invitation or inducement to engage in investment activity (within the meaning of section 21 of the Financial Services and Markets Act 2000) in connection with the issue or sale of any securities of the Company or any member of its group may otherwise lawfully be communicated or caused to be communicated (all such persons in (i)-(iv) above being "relevant persons").  Any investment activity to which this communication relates will only be available to and will only be engaged with relevant persons.  Any person who is not a relevant person should not act or rely on this communication.

Any offer of securities to the public that may be deemed to be made pursuant to this communication in any member state of the European Economic Area ("Member State") that has implemented Directive 2003/71/EC (as amended and together with any applicable implementing measures in any Member State, the "Prospectus Directive") is only addressed to qualified investors in that Member State within the meaning of the Prospectus Directive. This document is an advertisement and not a prospectus for the purposes of the applicable measures implementing the Prospectus Directive and as such does not constitute an offer to sell or the solicitation of an offer to purchase securities.

About Dover:
Dover is a diversified global manufacturer with annual revenues of over $8 billion. Dover focuses on innovative equipment and components, specialty systems and support services through its four major operating segments: Communication Technologies, Energy, Engineered Systems and Printing & Identification. Headquartered in Downers Grove, Illinois, Dover employs 35,000 people worldwide.

CONTACT:
Paul Goldberg            
Vice President - Investor Relations
(212) 922-1640


HUG#1745937