Lennox International Completes $600M Senior Notes Offering

Lennox International Inc. completed an offering of $600 million in senior notes across two tranches: $300M of 1.350% Notes due 2025 and $300M of 1.700% Notes due 2027. Net proceeds of approximately $593.7 million will be used to repay domestic credit facility indebtedness and for general corporate purposes, including potential share repurchases.

“On July 30, 2020, Lennox International Inc. (the “Company”) completed an offering of $600,000,000, in the aggregate, of its senior notes in two separate tranches: (i) $300,000,000 aggregate principal amount of the Company’s 1.350% Notes due 2025 (the “2025 Notes”) and (ii) $300,000,000 aggregate principal amount of the Company’s 1.700% Notes due 2027 (the “2027 Notes” and, together with the 2025 Notes, the “Notes”).”

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