Linde’s $1.9 Billion Bond Move Puts Its Growth Pipeline in Focus
Linde raised €1.6 billion in euro-denominated bonds with maturities in 2028, 2030, and 2036, bond data showed Friday. The move follows a first-quarter profit beat and a raised 2026 earnings outlook. Linde ended the quarter with a $7.1 billion project backlog and returned $1.55 billion to shareholders through dividends and buybacks. Demand remains uneven, with Europe lagging despite strength in electronics and healthcare.