---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-025480"
form_type: "8-K"
ticker: "IR"
cik: "0001699150"
company_name: "Ingersoll Rand Inc."
filed_at: "2024-05-10T23:59:59+00:00"
generated_at: "2026-06-02T03:53:50.685723+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Ingersoll Rand completes $3.3B bond offering, $2.6B revolver, upgraded to BBB/Baa2 by all three agencies

## Summary
- Issued $3.3B senior unsecured notes across five tranches (2027-2054) with coupons from 5.176% to 5.700%.
- Net proceeds $3.276B: $1.236B to repay secured term loans, $2B to fund ILC Dover acquisition, remainder general corporate.
- New $2.6B senior unsecured revolving credit facility with 5-year maturity, replacing secured credit facilities.
- Upgraded one notch by S&P, Fitch, Moody's to BBB/BBB/Baa2; debt portfolio now fully unsecured investment grade.
- CFO cites investor enthusiasm and transformation to fully unsecured capital structure.

## SEC filing metadata
- accession: 0001140361-24-025480
- form_type: 8-K
- ticker: IR
- cik: 0001699150
- company_name: Ingersoll Rand Inc.
- filed_at: 2024-05-10T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1699150/000114036124025480/0001140361-24-025480-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1699150/000114036124025480/ny20028300x4_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-025480
- JSON: https://secwatch.observer/filing/0001140361-24-025480.json
- Plain text: https://secwatch.observer/filing/0001140361-24-025480.txt

## Key facts
- Material Agreements
  Ingersoll Rand Inc. amended Supplemental Indenture with Deutsche Bank Trust Company Americas (effective 2024-05-10).
  - Action: amendment
  - Agreement: notes offering
  - Counterparty: Deutsche Bank Trust Company Americas
  - Effective: 2024-05-10
  source text: The Notes were issued on May 10, 2024, pursuant to a Base Indenture, dated as of August 14, 2023 (the “Base Indenture”), between the Company and Deutsche Bank Trust Company Americas, as trustee (in such capacity, the “Trustee”), as supplemented by the third supplemental indenture (the “Supplemental Indenture” and, together with the Base Indenture, the “Indenture”) dated as of May 10, 2024, between the Company and the Trustee.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1699150/000114036124025480/0001140361-24-025480-index.htm
- Material Agreements
  Ingersoll Rand Inc. entered into Underwriting Agreement with BofA Securities, Inc., Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC and Mizuho Securities USA LLC (effective 2024-05-07).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: BofA Securities, Inc., Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC and Mizuho Securities USA LLC
  - Effective: 2024-05-07
  source text: On May 7, 2024, Ingersoll Rand Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) among BofA Securities, Inc., Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC and Mizuho Securities USA LLC, as representatives of the several underwriters named therein (the “Underwriters”), with respect to the Company’s issuance and sale of $700,000,000 aggregate principal amount of the Company’s 5.197% Senior Notes due 2027 (the “2027 Notes”), $750,000,000 aggregate principal amount of the Company’s 5.176% Senior Notes due 2029 (the “2029 Notes”), $500,000,000 aggregate principal amount of the Company’s 5.314% Senior Notes due 2031 (the “2031 Notes”), $750,000,000 aggregate principal amount of the Company’s 5.450% Senior Notes due 2034 (the “2034 Notes”) and $600,000,000 aggregate principal amount of the Company’s 5.700% Senior Notes due 2054 (the “2054 Notes” and, together with the 2027 Notes, the 2029 Notes, the 2031 and the 20
  evidence_url: https://www.sec.gov/Archives/edgar/data/1699150/000114036124025480/0001140361-24-025480-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.