Form 8-K · Current Report · Filed 2025-05-28
Trane Technologies Announces New Revolving Credit Agreement and Terminates Previous Agreement
On May 27, 2025, Trane Technologies announced the entry into a new $1 billion senior unsecured revolving credit agreement, effective May 27, 2025, through May 27, 2030, replacing the existing $1 billion agreement set to expire June 18, 2026.
- Filer
- Ingersoll-Rand Inc. IR · NYSE
- Filed
- Accession
- 0001628280-25-028153
- CIK
- 0001699150
- Signal
- Medium impactIndustrials
- Source
- Official filing on sec.gov ↗
Details
The new agreement provides funds for working capital, commercial paper programs, and general corporate purposes. All obligations under the new agreement are guaranteed by the Guarantors.
Items reported
Entry into a Material Definitive Agreement
Termination of a Material Definitive Agreement
Creation of a Direct Financial Obligation
Financial Statements and Exhibits
Market reaction
Close before filing
$82.59
Next session
-0.5%
Since filing
+1.0%
Latest close
$83.38
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from IR reporting the same item, with the next session's move:
Exhibits (1)
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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