GlobeNewswire·Nov 5, 2026, 8:50 PM ET

Dover Announces Pricing Terms, Expiration and Results of Cash Tender Offers for Certain of Its Outstanding Debt Securities

Dover announced the pricing, expiration, and results of its tender offers to purchase up to $300 million of its debt securities, which expired at 5:00 p.m. New York City time on November 5, 2026.
The company increased the tender cap from $230 million to $300 million on October 30, 2026, and extended the expiration date from October 30 to November 5, 2026.
Dover accepted 100% of validly tendered notes for the 6.650% Debentures due 2028, 6.600% Notes due 2038, 5.375% Debentures due 2035, and 12.64% of the 5.375% Notes due 2041 based on acceptance priority levels.
The financing condition for the tender offers was satisfied by Dover's issuance of a new series of senior unsecured notes on November 2, 2026.
Accepted holders will receive the total consideration per $1,000 principal amount plus accrued interest, with settlement expected on November 9, 2026.
Notes validly tendered but not accepted will be returned to holders, while unaccepted portions of the 5.375% Notes due 2041 will be returned due to the proration factor.
Deutsche Bank Securities Inc., HSBC Securities (USA) Inc., and J.P. Morgan Securities LLC served as dealer managers, with D.F. King & Co., Inc. acting as the tender and information agent.