Trane Technologies Terminates Prior $1 Billion Credit Agreement

Effective June 4, 2020, Trane Technologies terminated its existing $1 billion senior unsecured revolving credit agreement dated March 15, 2016, which was due to expire in 2021. The new 2020 Revolving Credit Agreement replaces the terminated facility.

“Effective June 4, 2020, the Borrowers and the Guarantors terminated the Credit Agreement dated March 15, 2016 among Ingersoll-Rand Global Holding Company Limited, Ingersoll-Rand plc, Ingersoll-Rand Luxembourg Finance S.A., Ingersoll-Rand Lux International Holding Company S.à r.l., Ingersoll-Rand International Holding Limited, Ingersoll-Rand Company, JPMorgan Chase Bank, N.A., as Administrative Agent, Citibank, N.A., as Syndication Agent, Bank of America, N.A., BNP Paribas, Deutsche Bank Securities Inc., Goldman Sachs Bank USA, Mizuho Bank, Ltd., and The Bank of Tokyo-Mitsubishi UFJ, Ltd. as Documentation Agents, and JPMorgan Chase Bank, N.A. and Citigroup Global Markets Inc., as joint lead arrangers and joint bookrunners, and certain lending institutions (the “2016 Revolving Credit Agreement”).”

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