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Stock impact report

Trane Technologies Prices $500 Million Senior Notes Offering

Trane Technologies plc (TT) 
Company Research Source: Business Wire
SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE: TT) (the “Company”), a global climate innovator, today announced the pricing of an aggregate $500 million principal amount of 5.100% senior notes due 2034, which will be issued by its indirect, wholly-owned subsidiary, Trane Technologies Financing Limited. The net proceeds from the offering are expected to be used to fund the repayment at maturity of the $500 million aggregate principal amount of the outstanding 3.550% Senior Notes issued by Trane Technologies Financing Limited, as successor issuer to Trane Technologies Luxembourg Finance S.A., which are scheduled to mature on November 1, 2024.The notes will be guaranteed by the Company, Trane Technologies Global Holding II Company Limited, Trane Technologies Americas Holding Corporation, Trane Technologies Lux International Holding Company S.à r.l., Trane Technologies Irish Holdings Unlimited Company, Trane Technologies Company LLC and Trane Technologies Holdco Inc., Show less Read more
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