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 (NYSE: DOV) announced the results of its tender offers to purchase up to $300 million of its outstanding debt securities after the offers expired at 5:00 p.m. on November 5, 2026.
The tender cap was increased from $230 million to $300 million on October 30, 2026, extending the expiration date to November 5, 2026.
All validly tendered notes for the 6.650% Debentures due 2028, 6.600% Notes due 2038, and 5.375% Debentures due 2035 were accepted for purchase.
The 5.375% Notes due 2041 were accepted for purchase at a proration factor of approximately 12.64%, resulting in $15.357 million accepted out of $121.849 million tendered.
Dover's obligation to complete the offers was conditioned on the Financing Condition, which was satisfied by the issuance of a new series of senior unsecured notes on November 2, 2026.
Accepted holders will receive the total consideration plus accrued interest, with settlement expected on November 9, 2026.
Notes validly tendered but not accepted will be returned promptly to the tendering holders.
Deutsche Bank Securities Inc., HSBC Securities (USA) Inc., and J.P. Morgan Securities LLC served as dealer managers for the offers, with D.F. King & Co., Inc. acting as the tender agent.