Roper Technologies Prices Public Offering Of $600 Million Senior Unsecured Notes Due 2030

SARASOTA, Fla., June 08, 2020 (GLOBE NEWSWIRE) -- Roper Technologies, Inc. (NYSE: ROP) (the “Company”) announced today the pricing of its public offering of $600 million of 2.000% Senior Notes due 2030 (the “notes”). The offering is expected to close, subject to customary closing conditions, on June 22, 2020.

The notes will bear interest at the rate of 2.000% per year. Interest on the notes will be payable semi-annually on June 30 and December 30 of each year, beginning December 30, 2020. The notes will mature on June 30, 2030. The notes will be senior unsecured obligations of the Company.

Net proceeds from the sale of the notes will be used for general corporate purposes, including acquisitions.

For the offering of the notes, BofA Securities, Inc., J.P. Morgan Securities LLC and Wells Fargo Securities, LLC are serving as active joint book-running managers, SunTrust Robinson Humphrey, Inc. and TD Securities (USA) LLC are serving as passive joint book-running managers, and Mizuho Securities USA LLC, MUFG Securities Americas Inc., PNC Capital Markets LLC, RBC Capital Markets, LLC and Regions Securities LLC are serving as co-managers.

The offering is being made pursuant to an effective shelf registration statement, and only by means of a preliminary prospectus supplement dated June 8, 2020 and accompanying prospectus dated November 26, 2018. Full details of the offering, including a description of the notes and certain risk factors related to the notes, are contained in the preliminary prospectus supplement and the accompanying prospectus. Copies of these documents may be obtained for free by visiting EDGAR on the Securities and Exchange Commission’s website at http://www.sec.gov or by contacting BofA Securities, Inc., 200 North College Street, NC1-004-03-43, Charlotte, NC 28255-0001, Attention: Prospectus Department, telephone: toll-free 1-800-294-1322, email: [e-mail], J.P. Morgan Securities LLC, 383 Madison Avenue, New York, New York, 10179, Attention: Investment Grade Syndicate Desk- 3rd Floor, telephone: [phone] or Wells Fargo Securities, LLC, 608 2nd Avenue South, Suite 1000, Minneapolis, Minnesota, 55402, Attention: WFS Customer Service, telephone: toll-free: 1 800-645-3751, email: [e-mail].