Dover Corporation filed a Free Writing Prospectus on October 26, 2026, disclosing the final terms of a €800,000,000 offering of 4.350% Notes due November 2, 2030, with settlement expected on November 2, 2026.

Key Highlights

  • Offering size: €800,000,000 aggregate principal amount of 4.350% Notes due 2030
  • Issue price: 99.917% of principal amount, with a yield to maturity of 4.373%
  • Spread to benchmark: +122 basis points over OBL 2.200% due October 10, 2030; +95 basis points over mid-swap yield
  • Maturity and interest: Notes mature November 2, 2030, with annual interest payments beginning November 2, 2027
  • Change of control: Upon a change of control triggering event, holders may require repurchase at 101% of principal plus accrued interest
  • Ratings: Baa1 with Stable Outlook (Moody's) and BBB+ with Stable Outlook (S&P)
  • Listing intent: Dover Corporation intends to apply to list the Notes on The New York Stock Exchange

Dover Corporation's Euro-Denominated Note Offering: Key Terms and Structure

According to the final term sheet filed as a Free Writing Prospectus pursuant to Rule 433, Dover Corporation priced €800,000,000 in 4.350% Notes due 2030 on October 26, 2026. The issue price was set at 99.917% of principal amount, producing a yield to maturity of 4.373%. The notes are SEC-registered under Registration Statement No. 333-293679, and settlement is expected on November 2, 2026, described in the filing as "T+5 (London business days)." Denominations are €100,000 and integral multiples of €1,000 in excess thereof. The ISIN is XS3554096431 and the CUSIP is 260003 AS7.

The filing discloses that interest will be paid annually each November 2, beginning November 2, 2027, with regular record dates set on October 15 of each year. The day count convention is ACTUAL/ACTUAL (ICMA). Regarding redemption, the filing states Dover Corporation may redeem any or all of the notes prior to October 2, 2030 at the greater of 100% of principal or a make-whole price calculated using the applicable Comparable Government Bond Rate plus 20 basis points, plus accrued interest. On or after October 2, 2030, redemption may occur at 100% of principal plus accrued interest. The company may also redeem the notes in whole, but not in part, for tax reasons, as described in the preliminary prospectus supplement dated October 26, 2026. No mandatory redemption provisions apply.

Joint book-running managers listed in the filing include Deutsche Bank AG London Branch, HSBC Bank plc, J.P. Morgan Securities plc, Merrill Lynch International, Citigroup Global Markets Limited, Goldman Sachs and Co. LLC, and ING Bank N.V. Co-managers include BNP PARIBAS, Scotiabank (Ireland) Designated Activity Company, Academy Securities Inc., and U.S. Bancorp Investments Inc. The filing notes that the Notes are not available to retail investors in the EEA or the UK.

What Was Disclosed

Dover Corporation filed a final term sheet as a Free Writing Prospectus on October 26, 2026, detailing the pricing, structure, redemption provisions, ratings, and distribution arrangements for its €800,000,000 4.350% Notes due November 2, 2030.