Profitelligence Profitelligence · Filing Ledger Open IR research →

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

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

Item 1.01

Entry into a Material Definitive Agreement

Financial Instrument Agreement
Item 1.02

Termination of a Material Definitive Agreement

Contract Termination
Item 2.03

Creation of a Direct Financial Obligation

Credit Facility Entered
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

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.

Exchange NYSE Industry Specialty Industrial Machinery Company website ↗

Never miss another IR filing

Profitelligence watches EDGAR around the clock and alerts you within seconds.

Set up free alerts