Spinoffs Lead to Improved Portfolios, Debt Offering and Debt Re-structuring Lead to Improved Liquidity Profiles - Research Report on Ingersoll-Rand, Dover, Roper, Flowserve, and Generac

NEW YORK, June 6, 2013 /PRNewswire/ --

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Today, Wall Street Reports announced new research reports highlighting Ingersoll-Rand PLC (NYSE: IR), Dover Corp. (NYSE: DOV), Roper Industries (NYSE: ROP), Flowserve Corporation (NYSE: FLS), and Generac Holdings Inc. (NYSE: GNRC). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Ingersoll-Rand PLC Research Report

On June 4, 2013, Ingersoll-Rand PLC's (Ingersoll-Rand) Senior Vice President and CFO, Steven R. Shawley, presented at the J.P. Morgan 8th Annual Diversified Industries Conference in New York City. Steven discussed the Company's long-term strategy at the conference. A replay of the webcast can be accessed at the Ingersoll-Rand website for 30 days from the day of the event. The Full Research Report on Ingersoll-Rand PLC - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/344f_IR]

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Dover Corp. Research Report

On May 23, 2013, Dover Corporation (Dover) announced that it plans to spin off certain of its communication technologies businesses into a standalone, publicly traded company. Upon completion of the spinoff, the new company, Knowles Corporation (Knowles), will be an independent, global technology and market leader in the communication technologies space. Knowles will have significant product breadth in acoustic components, including MEMs microphones, speakers, receivers and transducers, as well as a solid position in communication infrastructure components. The Company also announced that Jeffrey Niew will serve as President and CEO of Knowles upon completion of the transaction. He currently serves as the President and CEO of Dover's Communication Technologies segment. Knowles, on a pro-forma basis for 2013, will have $1.3 billion in annual revenue, with about two-thirds derived from high-growth acoustic products. Prominent brands within the new company will include Knowles, Sound Solutions, Dielectric, Novacap, Syfer and Vectron. Knowles is expected to have its capital structure, balance sheet and financial policies consistent with investment grade credit metrics. The Full Research Report on Dover Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/69a0_DOV]

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Roper Industries Research Report

On May 30, 2013, Roper Industries (Roper) announced the pricing of its public offering of $800 million of 2.05% Notes due 2018. The offering is expected to close, subject to customary closing conditions, on June 6, 2013. Starting October 1, 2013, the interest on the notes will be payable semi-annually on April 1 and October 1 of each year. The notes will mature on October 1, 2018. The Company plans to use the net proceeds to repay borrowings under its senior unsecured revolving credit facility. The Full Research Report on Roper Industries - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/6f65_ROP]

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Flowserve Corporation Research Report

On June 3, 2013, Flowserve Corporation (Flowserve) announced that it has established June 21, 2013 as the distribution date for the previously announced 3-for-1 split of the Company's common stock to be effected in the form of a stock dividend. As previously announced, the record date for the stock split will be June 7, 2013. On the distribution date, each shareholder of record will receive two additional shares of common stock for each share held. At the request of the NYSE, Flowserve also changed the previously announced record date for its quarterly cash dividend on its common stock, which was declared on May 23, 2013. The revised record date for the cash dividend will be July 2, 2013, and the payable date remains July 12, 2013. As a result of the stock split, the previously declared rate of $0.42 per share will be adjusted to $0.14 per share. The Full Research Report on Flowserve Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/ffc2_FLS]

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Generac Holdings Inc. Research Report

On June 3, 2013, Generac Holdings Inc. (Generac) announced that it has completed a previously disclosed amendment and restatement of its senior secured term loan credit facility on May 31, 2013, pursuant to which it has incurred $1.2 billion of senior secured term loans to replace its prior term loan facilities. The new term loans will mature in 2020, with interest initially accruing at LIBOR plus 2.75%, with a LIBOR floor of 0.75%. Beginning in Q2 2014, the spread to LIBOR of the new term loans can be reduced to LIBOR plus 2.50% to the extent that the Company's net debt leverage ratio falls below 3.0 times. Generac has also obtained a one-year extension of the maturity date of its existing $150 million senior-secured, asset-based revolving credit facility. The extended revolving credit facility will terminate in 2018, and will continue to accrue interest on drawn proceeds using an availability-based pricing grid starting at LIBOR plus 2%. The Full Research Report on Generac Holdings Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/25dd_GNRC]

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SOURCE Wall Street Reports