Amphenol (APH) files prospectus for euro senior notes offering
Amphenol Corporation has filed a preliminary prospectus supplement dated May 5, 2026 for an offering of two series of euro-denominated senior notes. Each series will be unsecured senior obligations, pay interest annually, and rank equally with Amphenol's other unsecured senior indebtedness. The company intends to use net proceeds to repay borrowings under its U.S. commercial paper program and its 364‑Day Delayed Draw Term Loan and for general corporate purposes. The notes may be redeemed at Amphenol's option and are subject to customary tax‑related redemption and a Change of Control repurchase at 101% of principal. The offering contemplates book‑entry settlement through Euroclear and Clearstream and an application to list the notes on the NYSE.
Positive
- None.
Negative
- None.
Key Figures
Key Terms
Change of Control Repurchase Event financial
Payment of Additional Amounts tax/regulatory
Actual/Actual (ICMA) market
Global notes / book‑entry form technical
Offering Details
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What is Amphenol (APH) offering in this prospectus supplement?
How does Amphenol intend to use the net proceeds from the offering (APH)?
What are the key repayment and ranking features of the notes (APH)?
Will the notes be listed and how will settlement occur (APH)?
Are there tax protections or redemption rights for noteholders (APH)?
DATED MAY 5, 2026
(To Prospectus dated March 2, 2026)
€ % Senior Notes due 20
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Prices to Public(1)
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Underwriting Discount
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Proceeds to us
(before expenses) |
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Per note
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Total
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Per note
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Total
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Per note
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Total
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20 notes
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20 notes
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Combined Total
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Page
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ABOUT THIS PROSPECTUS SUPPLEMENT
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FORWARD-LOOKING STATEMENTS
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TRADEMARKS
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INCORPORATION OF CERTAIN INFORMATION BY REFERENCE
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SUMMARY
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RISK FACTORS
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USE OF PROCEEDS
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CAPITALIZATION
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DESCRIPTION OF THE NOTES
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PROVISIONS RELATING TO THE NOTES WHILE REPRESENTED BY THE GLOBAL NOTES
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MATERIAL UNITED STATES FEDERAL INCOME TAX CONSEQUENCES
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| | | | S-32 | | |
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CERTAIN ERISA CONSIDERATIONS
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| | | | S-39 | | |
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UNDERWRITING (CONFLICTS OF INTEREST)
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| | | | S-41 | | |
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LEGAL MATTERS
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| | | | S-47 | | |
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EXPERTS
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| | | | S-47 | | |
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Page
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ABOUT THIS PROSPECTUS
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NOTICE TO PROSPECTIVE INVESTORS IN THE EUROPEAN ECONOMIC AREA
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FORWARD-LOOKING STATEMENTS
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WHERE YOU CAN FIND MORE INFORMATION
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INCORPORATION OF CERTAIN INFORMATION BY REFERENCE
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RISK FACTORS
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AMPHENOL CORPORATION
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AMPHENOL TECHNOLOGIES HOLDING GMBH
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ENFORCEMENT OF CIVIL LIABILITIES
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USE OF PROCEEDS
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GUARANTOR DISCLOSURES
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DESCRIPTION OF SENIOR DEBT SECURITIES
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DESCRIPTION OF GUARANTEES
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GLOBAL SECURITIES
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PLAN OF DISTRIBUTION
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LEGAL MATTERS
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EXPERTS
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Amphenol Corporation
358 Hall Avenue
Wallingford, Connecticut 06492
Telephone No: (203) 265-8900
Amounts
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Three Months
Ended March 31, |
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Year Ended December 31,
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(in millions)
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2026
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2025
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2025
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2024
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2023
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(unaudited)
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| Statements of Income Data: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|
Net sales
|
| | | $ | 7,620.1 | | | | | $ | 4,811.0 | | | | | $ | 23,094.7 | | | | | $ | 15,222.7 | | | | | $ | 12,554.7 | | |
|
Cost of sales
|
| | | | 4,819.9 | | | | | | 3,167.0 | | | | | | 14,577.0 | | | | | | 10,083.0 | | | | | | 8,470.6 | | |
|
Selling, general and administrative expenses
|
| | | | 851.5 | | | | | | 575.2 | | | | | | 2,545.7 | | | | | | 1,855.4 | | | | | | 1,489.9 | | |
|
Operating income
|
| | | | 1,831.8 | | | | | | 1,024.8 | | | | | | 5,868.6 | | | | | | 3,156.9 | | | | | | 2,559.6 | | |
|
Net income attributable to APH
|
| | | | 933.0 | | | | | | 737.8 | | | | | | 4,270.3 | | | | | | 2,424.0 | | | | | | 1,928.0 | | |
| Non-GAAP Data: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|
Adjusted operating income(a)
|
| | | | 2,080.7 | | | | | | 1,129.7 | | | | | | 6,049.8 | | | | | | 3,302.5 | | | | | | 2,594.2 | | |
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Adjusted net income attributable to APH(a)
|
| | | | 1,372.7 | | | | | | 799.8 | | | | | | 4,272.5 | | | | | | 2,382.1 | | | | | | 1,870.4 | | |
| Statements of Cash Flow and Other Data: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
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Net cash provided by operating activities
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| | | | 1,121.5 | | | | | | 764.9 | | | | | | 5,374.7 | | | | | | 2,814.7 | | | | | | 2,528.7 | | |
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Net cash used in investing activities
|
| | | | (11,030.8) | | | | | | (2,352.6) | | | | | | (5,082.1) | | | | | | (2,648.6) | | | | | | (1,393.7) | | |
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Net cash provided by (used in) financing activities
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| | | | 2,898.3 | | | | | | (88.6) | | | | | | 7,423.2 | | | | | | 1,729.9 | | | | | | (1,012.4) | | |
|
Capital expenditures
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| | | | (291.6) | | | | | | (188.6) | | | | | | (996.6) | | | | | | (665.4) | | | | | | (372.8) | | |
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As of
March 31, |
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As of December 31,
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(in millions)
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2026
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2025
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2024
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2023
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| Balance Sheet Data: | | | | | | | | | | | | | | | | | | | | | | | | | |
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Cash and cash equivalents
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| | | $ | 4,128.0 | | | | | $ | 11,130.6 | | | | | $ | 3,317.0 | | | | | $ | 1,475.0 | | |
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Short-term investments
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| | | | 455.1 | | | | | | 303.6 | | | | | | 18.4 | | | | | | 185.2 | | |
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Working capital(b)
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| | | | 6,409.0 | | | | | | 13,464.4 | | | | | | 5,602.2 | | | | | | 3,682.6 | | |
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Total assets
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| | | | 42,133.8 | | | | | | 36,236.9 | | | | | | 21,440.2 | | | | | | 16,526.4 | | |
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Total debt(c)
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| | | | 18,748.9 | | | | | | 15,502.0 | | | | | | 6,886.1 | | | | | | 4,337.3 | | |
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Total equity
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| | | | 14,082.4 | | | | | | 13,500.4 | | | | | | 9,847.4 | | | | | | 8,395.8 | | |
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Three Months Ended March 31,
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Year Ended December 31,
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2026
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2025
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2025
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2024
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2023
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(in millions)
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Operating
Income |
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Net Income
attributable to APH |
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Operating
Income |
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Net Income
attributable to APH |
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Operating
Income |
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Net Income
attributable to APH |
| |
Operating
Income |
| |
Net Income
attributable to APH |
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Operating
Income |
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Net Income
attributable to APH |
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Reported (GAAP)
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| | | $ | 1,831.8 | | | | | $ | 933.0 | | | | | $ | 1,024.8 | | | | | $ | 737.8 | | | | | $ | 5,868.6 | | | | | $ | 4,270.3 | | | | | $ | 3,156.9 | | | | | $ | 2,424.0 | | | | | $ | 2,559.6 | | | | | $ | 1,928.0 | | |
|
Amortization of acquisition-related inventory step-up
costs |
| | | | 132.0 | | | | | | 101.1 | | | | | | 60.9 | | | | | | 46.6 | | | | | | 77.8 | | | | | | 59.6 | | | | | | 18.2 | | | | | | 14.0 | | | | | | — | | | | | | — | | |
|
Acquisition-related expenses
|
| | | | 116.9 | | | | | | 99.5 | | | | | | 44.0 | | | | | | 35.5 | | | | | | 103.4 | | | | | | 89.2 | | | | | | 127.4 | | | | | | 105.3 | | | | | | 34.6 | | | | | | 30.2 | | |
|
Gain on bargain purchase acquisition
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | (5.4) | | |
|
Excess tax benefits related to stock-based compensation
|
| | | | — | | | | | | (50.9) | | | | | | — | | | | | | (20.1) | | | | | | — | | | | | | (246.6) | | | | | | — | | | | | | (142.6) | | | | | | — | | | | | | (82.4) | | |
|
Discrete tax items
|
| | | | — | | | | | | 290.0 | | | | | | — | | | | | | — | | | | | | — | | | | | | 100.0 | | | | | | — | | | | | | (18.6) | | | | | | — | | | | | | — | | |
|
Adjusted (non-GAAP)(1)
|
| | | $ | 2,080.7 | | | | | $ | 1,372.7 | | | | | $ | 1,129.7 | | | | | $ | 799.8 | | | | | $ | 6,049.8 | | | | | $ | 4,272.5 | | | | | $ | 3,302.5 | | | | | $ | 2,382.1 | | | | | $ | 2,594.2 | | | | | $ | 1,870.4 | | |
| | | |
As of March 31, 2026
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(In millions)
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Historical
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As Adjusted
|
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Cash and cash equivalents
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| | | $ | 4,128.0 | | | | | $ | | | |
| Indebtedness: | | | | | | | | | | | | | |
| Short-term borrowings including obligations under capital leases: | | | | | | | | | | | | | |
|
2026 Euro Notes of Amphenol Technologies Holding GmbH(a)(b)
|
| | | | 576.9 | | | | | | 576.9 | | |
|
364-day delayed draw term loan
|
| | | | 1,534.1 | | | | | | | | |
|
Other
|
| | | | 0.9 | | | | | | 0.9 | | |
|
Short-term deferred debt issuance costs
|
| | | | (2.3) | | | | | | — | | |
|
Total short-term borrowings
|
| | | $ | 2,109.6 | | | | | $ | | | |
| Long-term debt including obligations under capital lease: | | | | | | | | | | | | | |
|
Revolving credit facility
|
| | | $ | — | | | | | $ | — | | |
|
Three-year delayed draw term loan
|
| | | | 1,534.1 | | | | | | 1,534.1 | | |
|
U.S. Commercial Paper Program(c)
|
| | | | — | | | | | | — | | |
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Euro Commercial Paper Program issued by Amphenol Technologies Holding GmbH
|
| | | | — | | | | | | — | | |
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5.050% Senior Notes due 2027
|
| | | | 700.9 | | | | | | 700.9 | | |
|
Floating Rate Senior Notes due 2027
|
| | | | 500.0 | | | | | | 500.0 | | |
|
3.800% Senior Notes due 2027
|
| | | | 749.6 | | | | | | 749.6 | | |
|
4.375% Senior Notes due 2028
|
| | | | 749.5 | | | | | | 749.5 | | |
|
2028 Euro Notes of Amphenol Technologies Holding GmbH(a)
|
| | | | 576.1 | | | | | | 576.1 | | |
|
3.900% Senior Notes due 2028
|
| | | | 749.3 | | | | | | 749.3 | | |
|
5.050% Senior Notes due 2029
|
| | | | 449.7 | | | | | | 449.7 | | |
|
4.350% Senior Notes due 2029
|
| | | | 499.9 | | | | | | 499.9 | | |
|
2.800% Senior Notes due 2030
|
| | | | 899.7 | | | | | | 899.7 | | |
|
4.125% Senior Notes due 2030
|
| | | | 999.0 | | | | | | 999.0 | | |
|
2031 Euro Notes of Amphenol Technologies Holding GmbH(a)
|
| | | | 575.9 | | | | | | 575.9 | | |
|
2.200% Senior Notes due 2031
|
| | | | 748.5 | | | | | | 748.5 | | |
|
3.125% Euro Senior Notes due 2032(a)
|
| | | | 687.6 | | | | | | 687.6 | | |
|
4.400% Senior Notes due 2033
|
| | | | 1,248.6 | | | | | | 1,248.6 | | |
|
5.250% Senior Notes due 2034
|
| | | | 599.5 | | | | | | 599.5 | | |
|
5.000% Senior Notes due 2035
|
| | | | 746.8 | | | | | | 746.8 | | |
|
4.625% Senior Notes due 2036
|
| | | | 1,598.4 | | | | | | 1,598.4 | | |
|
5.375% Senior Notes due 2054
|
| | | | 492.5 | | | | | | 492.5 | | |
| | | |
As of March 31, 2026
|
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|
(In millions)
|
| |
Historical
|
| |
As Adjusted
|
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|
5.300% Senior Notes due 2055
|
| | | | 1,647.3 | | | | | | 1,647.3 | | |
|
% Euro Senior Notes due 20 offered hereby(a)
|
| | | | — | | | | | | | | |
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% Euro Senior Notes due 20 offered hereby(a)
|
| | | | — | | | | | | | | |
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Other
|
| | | | 0.5 | | | | | | 0.5 | | |
|
Long-term deferred debt issuance costs
|
| | | | (114.1) | | | | | | | | |
|
Total long-term debt
|
| | | $ | 16,639.3 | | | | | $ | | | |
|
Total indebtedness
|
| | | $ | 18,748.9 | | | | | $ | | | |
|
Total equity
|
| | | $ | 14,082.4 | | | | | $ | 14,270.1 | | |
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Total capitalization
|
| | | $ | 32,831.3 | | | | | $ | | | |
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Underwriters
|
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Principal Amount
of the 20 Notes |
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Principal Amount
of the 20 Notes |
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Barclays Bank PLC
|
| | | € | | | | | € | | | ||
|
Citigroup Global Markets Limited
|
| | | € | | | | | € | | | ||
|
Commerzbank Aktiengesellschaft
|
| | | € | | | | | € | | | ||
|
HSBC Bank plc
|
| | | € | | | | | € | | | ||
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BNP PARIBAS
|
| | | € | | | | | € | | | ||
|
J.P. Morgan Securities plc
|
| | | € | | | | | € | | | ||
|
Mizuho International plc
|
| | | € | | | | | € | | | ||
|
Standard Chartered Bank
|
| | | € | | | | | € | | | ||
|
ING Bank N.V., Belgian Branch
|
| | | € | | | | | € | | | ||
|
Siebert Williams Shank & Co., LLC
|
| | | € | | | | | € | | | ||
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Total
|
| | | € | | | | | € | | | | |
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Paid by the Company
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Per note
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Total
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20 notes
|
| | | | % | | | | | € | | | |
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20 notes
|
| | | | % | | | | | € | | | |
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Combined Total
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| | | | | | | | | € | | | |
Guarantees
| | | |
Page
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| |||
|
ABOUT THIS PROSPECTUS
|
| | | | 1 | | |
|
NOTICE TO PROSPECTIVE INVESTORS IN THE EUROPEAN ECONOMIC AREA
|
| | | | 3 | | |
|
FORWARD-LOOKING STATEMENTS
|
| | | | 4 | | |
|
WHERE YOU CAN FIND MORE INFORMATION
|
| | | | 4 | | |
|
INCORPORATION OF CERTAIN INFORMATION BY REFERENCE
|
| | | | 5 | | |
|
RISK FACTORS
|
| | | | 6 | | |
|
AMPHENOL CORPORATION
|
| | | | 7 | | |
|
AMPHENOL TECHNOLOGIES HOLDING GMBH
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| | | | 8 | | |
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ENFORCEMENT OF CIVIL LIABILITIES
|
| | | | 9 | | |
|
USE OF PROCEEDS
|
| | | | 11 | | |
|
GUARANTOR DISCLOSURES
|
| | | | 12 | | |
|
DESCRIPTION OF SENIOR DEBT SECURITIES
|
| | | | 13 | | |
|
DESCRIPTION OF GUARANTEES
|
| | | | 25 | | |
|
GLOBAL SECURITIES
|
| | | | 26 | | |
|
PLAN OF DISTRIBUTION
|
| | | | 30 | | |
|
LEGAL MATTERS
|
| | | | 32 | | |
|
EXPERTS
|
| | | | 32 | | |
Amphenol Corporation
358 Hall Avenue
Wallingford, Connecticut 06492
Telephone No: (203) 265-8900
€ % Senior Notes due 20