AMETEK plans two euro note series to repay debt
The notes would rank equally with AMETEK’s senior unsecured debt and be effectively subordinated to subsidiary debt and future secured debt to the extent of collateral.
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AMETEK, Inc. is offering, subject to completion, two series of euro-denominated senior notes. It intends to use net proceeds, together with proceeds from concurrent U.S. dollar and Canadian dollar note offerings, to repay all or part of borrowings under its financing agreements and/or commercial paper obligations, and for general corporate purposes. The notes would rank equally with AMETEK’s senior unsecured debt, while being effectively subordinated to subsidiary debt and future secured debt to the extent of the assets securing it.
The offering follows the August 26, 2026 closing of AMETEK’s approximately $5 billion cash acquisition of instrumentation businesses from Indicor, LLC. At closing, AMETEK drew the full $4.0 billion available under its term loan agreement. As of September 30, 2026, total debt was $6,669.388 million and cash and cash equivalents were $666.152 million; as of October 30, 2026, commercial paper outstanding was $280 million. AMETEK intends to apply to list the notes on the NYSE, subject to approval; the notes are a new issue with no established trading market.
Filing Explained
The preliminary supplement adds a contingent term: if a defined Change of Control Repurchase Event occurs, AMETEK must offer to repurchase the notes for 101% of principal plus accrued interest; the obligation applies only if the event occurs and the proposed notes are issued.
Key Figures
Key Terms
Change of Control Repurchase Event financial
Actual/Actual (ICMA) financial
effectively subordinated financial
Offering Details
FAQ
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How will AME use proceeds from its euro note offering?
How much debt did AMETEK report?
What are the minimum denominations for AME's euro notes?
What happens if AMETEK has a change-of-control repurchase event?
AI-generated analysis. How Rhea-AI works. Not financial advice.
(To Prospectus dated November 10, 2026)
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Public Offering
Price(1) |
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Underwriting
Discount |
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Proceeds to us
(Before Expenses) |
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Per Senior Note
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Total
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| | | € | | | | | € | | | | | € | | | |||
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Per Senior Note
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| | | | % | | | | | | % | | | | | | % | | |
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Total
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| | | € | | | | | € | | | | | € | | | | ||
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Page
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ABOUT THIS PROSPECTUS SUPPLEMENT
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FORWARD-LOOKING STATEMENTS
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| | | | S-v | | |
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TRADEMARKS
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| | | | S-vi | | |
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DOCUMENTS INCORPORATED BY REFERENCE
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| | | | S-vii | | |
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SUMMARY
|
| | | | S-1 | | |
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RISK FACTORS
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| | | | S-8 | | |
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USE OF PROCEEDS
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| | | | S-13 | | |
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CAPITALIZATION
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| | | | S-14 | | |
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DESCRIPTION OF THE NOTES
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| | | | S-15 | | |
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PROVISIONS RELATING TO THE NOTES WHILE REPRESENTED BY THE GLOBAL NOTES
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| | | | S-28 | | |
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MATERIAL UNITED STATES FEDERAL INCOME TAX CONSEQUENCES
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| | | | S-33 | | |
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CERTAIN ERISA CONSIDERATIONS
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| | | | S-40 | | |
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UNDERWRITING (CONFLICTS OF INTEREST)
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| | | | S-42 | | |
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LEGAL MATTERS
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| | | | S-49 | | |
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EXPERTS
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| | | | S-49 | | |
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Page
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ABOUT THIS PROSPECTUS
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| | | | 1 | | |
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FORWARD-LOOKING STATEMENTS
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AMETEK, INC.
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RISK FACTORS
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USE OF PROCEEDS
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| | | | 5 | | |
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DESCRIPTION OF CAPITAL STOCK
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| | | | 6 | | |
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DESCRIPTION OF WARRANTS
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| | | | 9 | | |
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DESCRIPTION OF DEBT SECURITIES
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PLAN OF DISTRIBUTION
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EXPERTS
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LEGAL MATTERS
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WHERE YOU CAN FIND MORE INFORMATION
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1100 Cassatt Road
Berwyn, Pennsylvania 19312
Telephone: (610) 647-2121
Attention: Corporate Secretary
Amounts
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As of September 30, 2026
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Actual
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As Adjusted for
This Offering |
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(Unaudited)
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(In Thousands)
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Cash and cash equivalents
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| | | $ | 666,152 | | | | | $ | | | |
| Debt | | | | | | | | | | | | | |
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U.S Dollar 4.32% senior notes due December 2027
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| | | | 250,000 | | | | | | 250,000 | | |
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U.S Dollar 4.37% senior notes due December 2028
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| | | | 50,000 | | | | | | 50,000 | | |
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U.S Dollar 3.98% senior notes due September 2029
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| | | | 100,000 | | | | | | 100,000 | | |
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U.S Dollar 4.45% senior notes due August 2035
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| | | | 50,000 | | | | | | 50,000 | | |
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British Pound 2.59% senior note due November 2028
|
| | | | 198,989 | | | | | | 198,989 | | |
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British Pound 2.70% senior note due November 2031
|
| | | | 99,494 | | | | | | 99,494 | | |
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Euro 1.34% senior notes due October 2026
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| | | | 340,320 | | | | | | 340,320 | | |
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Euro 1.71% senior notes due December 2027
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| | | | 85,078 | | | | | | 85,078 | | |
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Euro 1.53% senior notes due October 2028
|
| | | | 226,864 | | | | | | 226,864 | | |
|
Revolving Credit Facility Borrowings
|
| | | | 975,727 | | | | |
|
—
|
| |
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Commercial Paper Borrowings
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| | | | 306,000 | | | | |
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—
|
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Term Loans
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| | | | 4,000,000 | | | | |
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—
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Euro % senior notes due 20 (1)
|
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—
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—
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Euro % senior notes due 20 (1)
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—
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—
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U.S. Dollar notes offered concurrently
|
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—
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—
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Canadian dollar notes offered concurrently(1)
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—
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—
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Other
|
| | | | 16 | | | | | | 16 | | |
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Deferred Financing Fees
|
| | | | (13,100) | | | | | | | | |
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Total Debt:
|
| | | | 6,669,388 | | | | | | | | |
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Total Net Debt:
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| | | | 6,003,236 | | | | | | | | |
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Total Stockholders Equity
|
| | | | 11,696,208 | | | | | | 11,696,208 | | |
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Total Capitalization
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| | | $ | 18,365,596 | | | | | $ | | | |
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Underwriters
|
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Aggregate
Principal Amount of Notes to be Purchased |
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Aggregate
Principal Amount of Notes to be Purchased |
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Merrill Lynch International
|
| | | € | | | | | € | | | ||
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J.P. Morgan Securities plc
|
| | | € | | | | | € | | | ||
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Wells Fargo Securities International Limited
|
| | | € | | | | | € | | | ||
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BNP PARIBAS
|
| | | € | | | | | € | | | ||
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Total
|
| | | € | | | | | € | | | | |
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Underwriting Discount
Paid by the Company |
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Per 20 note
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| | | | % | | | | | € | | | |
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Per 20 note
|
| | | | % | | | | | € | | | |
PREFERRED STOCK
DEPOSITARY SHARES
DEBT SECURITIES
WARRANTS
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Page
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ABOUT THIS PROSPECTUS
|
| | | | 1 | | |
|
FORWARD-LOOKING STATEMENTS
|
| | | | 2 | | |
|
AMETEK, INC.
|
| | | | 3 | | |
|
RISK FACTORS
|
| | | | 4 | | |
|
USE OF PROCEEDS
|
| | | | 5 | | |
|
DESCRIPTION OF CAPITAL STOCK
|
| | | | 6 | | |
|
DESCRIPTION OF WARRANTS
|
| | | | 9 | | |
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DESCRIPTION OF DEBT SECURITIES
|
| | | | 10 | | |
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PLAN OF DISTRIBUTION
|
| | | | 17 | | |
|
EXPERTS
|
| | | | 18 | | |
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LEGAL MATTERS
|
| | | | 18 | | |
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WHERE YOU CAN FIND MORE INFORMATION
|
| | | | 19 | | |
€ % Senior Notes due
J.P. Morgan
Wells Fargo Securities
BNP PARIBAS