secwatch / observer
8-K filed August 14, 2023, 7:59 PM ET ticker IR CIK 0001699150
debt confidence high sentiment neutral materiality 0.50

Ingersoll Rand Inc. (IR): debt financing — Ingersoll Rand issues $1.5B in senior notes to repay credit facility debt

Ingersoll Rand Inc.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Ingersoll Rand Inc. incurred senior notes of $1,000,000,000 aggregate principal amount with Deutsche Bank Trust Company Americas at 5.700% maturing mature on August 14, 2033.

Instrument
senior notes
Principal
$1,000,000,000 aggregate principal amount
Counterparty
Deutsche Bank Trust Company Americas
Rate
5.700%
Maturity
mature on August 14, 2033
Event
incurrence
Exact text from the filing
“Underwriters”), with respect to the Company’s issuance and sale of $500,000,000 aggregate principal amount of the Company’s 5.400% Senior Notes due 2028 (the “2028 Notes”) and $1,000,000,000 aggregate principal amount of the Company’s 5.700% Senior Notes due 2033 (the “2033 Notes” and, together with the 2028 Notes, the “Notes”). The sale of the Notes was made pursuant
View on SEC.gov
Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Ingersoll Rand Inc. incurred senior notes of $500,000,000 aggregate principal amount with Deutsche Bank Trust Company Americas at 5.400% maturing mature on August 14, 2028.

Instrument
senior notes
Principal
$500,000,000 aggregate principal amount
Counterparty
Deutsche Bank Trust Company Americas
Rate
5.400%
Maturity
mature on August 14, 2028
Event
incurrence
Exact text from the filing
with respect to the Company’s issuance and sale of $500,000,000 aggregate principal amount of the Company’s 5.400% Senior Notes due 2028 (the “2028 Notes”)
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Ingersoll Rand Inc. entered into Underwriting Agreement with Citigroup Global Markets Inc., Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC, as representatives of the several underwriters valued at $500,000,000 aggregate principal amount of the Company's 5.400% Senior Notes due 2028 and $1,000,000 (effective 2023-08-08).

Action
entry
Agreement
underwriting
Counterparty
Citigroup Global Markets Inc., Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC, as representatives of the several underwriters
Value
$500,000,000 aggregate principal amount of the Company's 5.400% Senior Notes due 2028 and $1,000,000
Effective
2023-08-08
Exact text from the filing
On August 8, 2023, Ingersoll Rand Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) among Citigroup Global Markets Inc., Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC, as representatives of the several underwriters named therein (the “Underwriters”), with respect to the Company’s issuance and sale of $500,000,000 aggregate principal amount of the Company’s 5.400% Senior Notes due 2028 (the “2028 Notes”) and $1,000,000,000 aggregate principal amount of the Company’s 5.700% Senior Notes due 2033 (the “2033 Notes” and, together with the 2028 Notes, the “Notes”).
View on SEC.gov

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Ingersoll Rand Inc. filing history →

Source: SEC EDGAR
accession 0001140361-23-039681
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