Issuer:
|
Dover Corporation | |
Title of Securities:
|
4.300% Notes Due 2021 (2021 Notes) 5.375% Notes Due 2041 (2041 Notes) |
|
Legal Format:
|
SEC-registered | |
Aggregate Principal Amount:
|
$450,000,000 (2021 Notes) $350,000,000 (2041 Notes) |
|
Issue Price (Price to Public):
|
99.942% of principal amount (2021 Notes) 98.634% of principal amount (2041 Notes) |
|
Maturity:
|
March 1, 2021 (2021 Notes) March 1, 2041 (2041 Notes) |
|
Coupon (Interest Rate):
|
4.300% (2021 Notes) 5.375% (2041 Notes) |
|
Benchmark Treasury:
|
3.625% due February 15, 2021 (2021 Notes) 4.250% due November 15, 2040 (2041 Notes) |
|
Spread to Benchmark Treasury:
|
68 basis points (2021 Notes) 78 basis points (2041 Notes) |
|
Benchmark Treasury Price
and Yield:
|
99-31+; 3.627% (2021 Notes) 93-00; 4.688% (2041 Notes) |
|
Yield to Maturity:
|
4.307% (2021 Notes) 5.468% (2041 Notes) |
|
Interest Payment Dates:
|
March 1 and September 1 of each year, beginning on September 1, 2011 | |
Redemption Provisions:
|
No mandatory redemption provisions Dover Corporation may, at its option, redeem the Notes as described in the preliminary prospectus supplement, dated February 16, 2011 |
Make-Whole Provision:
|
T+10 basis points (2021 Notes) T+15 basis points (2041 Notes) |
|
Change of Control Offer:
|
As described in the preliminary prospectus supplement, dated February 16, 2011 | |
Trade Date:
|
February 16, 2011 | |
Settlement Date:
|
T+3; February 22, 2011 | |
Joint Booking-Running Managers:
|
Goldman, Sachs & Co. J.P. Morgan Securities LLC Merrill Lynch, Pierce, Fenner & Smith Incorporated
Deutsche Bank Securities Inc.RBS Securities Inc. Wells Fargo Securities, LLC |
|
Co-Managers:
|
Lazard Capital Markets LLC Morgan Stanley & Co. Incorporated Scotia Capital (USA) Inc. |
|
CUSIP:
|
260003 AJ7 (2021 Notes) 260003 AK4 (2041 Notes) |
|
ISIN:
|
US260003AJ71 (2021 Notes) US260003AK45 (2041 Notes) |
|
Ratings*:
|
Moodys: A2 (Stable) / S&P: A (Stable) / Fitch: A (Stable) |