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Fundraise Mar 2023 · Ireland Verified

Trane Technologies Financing Limited Issues $700M Senior Notes

Trane Technologies Financing Limited, a subsidiary of Trane Technologies plc, issued $700 million in 5.250% Senior Notes due 2033. The proceeds are intended to redeem existing 4.250% Senior Notes due 2023.

“On March 3, 2023, Trane Technologies Financing Limited (the “Issuer”), a wholly-owned subsidiary of Trane Technologies plc (“Trane Parent”), issued $700 million aggregate principal amount of 5.250% Senior Notes due 2033 (the “Notes”)”

Entities

BofA Securities, Inc. · Advisor Goldman Sachs & Co. LLC · Advisor J.P. Morgan Securities LLC · Advisor Trane Technologies Financing Limited · Mentioned Trane Technologies plc · Parent
HVAC Sentiment: Neutral

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.