Fundraise Jun 2013 · Ireland Verified
Ingersoll-Rand Global Holding Company Limited Issues $1.55 Billion in Senior Notes
Ingersoll-Rand Global Holding Company Limited issued $350 million of 2.875% Senior Notes due 2019, $700 million of 4.250% Senior Notes due 2023, and $500 million of 5.750% Senior Notes due 2043. The net proceeds are intended to fund the redemption of existing notes and to fund expenses related to the previously announced separation of the commercial and residential security businesses.
“On June 20, 2013, Ingersoll-Rand Global Holding Company Limited (“IR Global”) issued $350,000,000 aggregate principal amount of its 2.875% Senior Notes due 2019 (the “2019 Notes”), $700,000,000 aggregate principal amount of its 4.250% Senior Notes due 2023 (the “2023 Notes”) and $500,000,000 aggregate principal amount of its 5.750% Senior Notes due 2043 (the “2043 Notes” and, together with the 2019 Notes and the 2023 Notes, the “Notes”)”
Entities
Ingersoll-Rand Company Limited · Mentioned Ingersoll-Rand Global Holding Company Limited · Mentioned Ingersoll-Rand International Holding Limited · Mentioned Ingersoll-Rand plc · Mentioned The Bank of New York Mellon · Mentioned
HVAC Sentiment: Neutral
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