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Form 8-K · Current Report · Filed 2024-06-04

Johnson Controls Announces Early Tender Results and Pricing for Senior Notes Tender Offers

On June 4, 2024, Johnson Controls International plc announced the early tender results for its previously announced cash tender offers for its 5.125% Senior Notes due 2045 and 4.500% Senior Notes due 2047, with $164,999,000 and $108,749,000 principal amounts tendered, respectively.

Filer
Johnson Controls International plc JCI · NYSE
Filed
Accession
0001193125-24-154244
CIK
0000833444
Signal
Low impactIndustrials

Details

The Company also announced the pricing and upsizing of the Tender Offers, increasing the Aggregate Tender Cap by up to $27,000,000, bringing the total maximum purchase amount to up to $117,000,000.

Items reported

Item 8.01

Other Events

Corporate Update
Item 9.01

Financial Statements and Exhibits

No viable tag

Market reaction

Close before filing

$71.66

Next session

+0.4%

Since filing

+104.7%

Latest close

$146.66

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from JCI reporting the same item, with the next session's move:

Exhibits (2)

About Johnson Controls International plc

Johnson Controls International plc is a leading diversified technology and multi-industrial company that provides a wide range of products and services across various industries. Its primary function is to optimize building efficiencies, enhance comfort, and ensure safety. The company is widely recognized for its Building Technologies and Solutions division, which offers integrated platforms for HVAC (heating, ventilation, air conditioning), building automation, and security systems. Additionally, Johnson Controls plays a pivotal role in the energy sector through its power solutions, particularly with a focus on developing state-of-the-art battery technologies for automotive and renewable energy applications. As a global leader headquartered in Cork, Ireland, Johnson Controls serves various sectors including residential, commercial, and industrial markets. Its commitment to sustainability and innovation positions it as a significant player in advancing smart building and energy solutions on a global scale.

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