Trane Technologies (TT) Prices $500M Notes Offering

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Go back to Trane Technologies (TT) Prices $500M Notes Offering

Trane Technologies Prices $500 Million Senior Notes Offering

June 4, 2024 7:04 PM EDT

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,... More