New York, July 01, 2015 -- Moody's Investors Service assigned an A2 rating to the EUR2.7 billion aggregate issuance announced 1 July 2015 of senior unsecured notes by DH Europe Finance S.A., a recently formed debt-issuing subsidiary of Danaher Corporation. Danaher will unconditionally guarantee the new notes, which will be issued in four tranches of between EUR500 million and EUR800 million with maturities ranging between June 2017 and June 2025. Net proceeds from the issuance along with cash-on-hand and commercial paper issuance will fund the previously announced acquisition of Pall Corporation. Danaher agreed to purchase Pall for $13.8 billion, including assumed debt and net of acquired cash. Moody's anticipates that the acquisition will close during the third quarter and will be majority funded by debt, 50% or more of which will be commercial paper.

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