NEW YORK (Standard&Poor's) Feb. 26, 2009--Standard&Poor's Ratings Services today assigned its 'A+' senior unsecured debt rating to Danaher Corp.'s (A+/Stable/A-1) proposed offering of $500 million notes with a 10-year maturity date. The notes are a drawdown from Danaher's existing shelf registration. Terms of the issuance include a change of control provision. The company intends to use the proceeds from the notes for general corporate purposes and to repay existing indebtedness, including a portion of its outstanding commercial paper borrowings. "The ratings on Danaher reflect the company's excellent business risk profile, underpinned by the diversity of its industrial portfolio and its strong operating efficiency. The ratings also reflect Danaher's modest financial risk profile characterized by consistent cash
