Ingersoll-Rand Inc.
Trane Technologies Financing Limited Issues $500 Million Senior Notes
Summary
On June 13, 2024, Trane Technologies Financing Limited, a subsidiary of Trane Technologies plc, issued $500 million aggregate principal amount of 5.100% Senior Notes due 2034. The net proceeds from the offering will be used to repay the 3.550% Senior Notes due 2024 and for general corporate purposes. The Notes are senior unsecured obligations and the Issuer may redeem the Notes under certain conditions.
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About Ingersoll-Rand Inc.
Ingersoll-Rand Inc. is a global diversified industrial company known for designing and manufacturing a wide range of products that optimize energy efficiency and operational reliability. The company's portfolio includes air compressors, pumps, fluid handling systems, and power tools, serving a multitude of industries such as manufacturing, automotive, and construction. Ingersoll-Rand focuses on creating solutions that enhance productivity and sustainability, often integrating advanced technology and innovation in their products. By maintaining a strong emphasis on research and development, the company continues to introduce cutting-edge solutions that meet the evolving needs of its clients. With a robust global presence and extensive distribution network, Ingersoll-Rand plays a pivotal role in providing essential equipment that supports critical infrastructure and industrial operations worldwide. Established with a firm commitment to quality and customer service, the company stands as a leader in its sector, continually influencing market standards and efficiency benchmarks.
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