Danaher Raises $3 Billion in Record Private-Placement Bond Sale

Danaher Corp. has completed what is being called a record $3 billion private-placement bond sale.

The Washington, D.C.-based life sciences company sold roughly 2.38 billion Swiss francs of notes in seven parts to help finance its acquisition of US-listed diagnostics firm Masimo Corp., according to a person familiar with the matter who asked not be named.

Mizuho Financial Group Inc., Citigroup Inc. and Goldman Sachs Group Inc. arranged the sale, the person said.

The deal is the largest in what’s considered the traditional private-placement market of raising capital directly from large institutional investors, according to Richard ...