debt
confidence high
sentiment neutral
materiality 0.55
Ingersoll Rand establishes $2.6B commercial paper program
Ingersoll Rand Inc.
- Program size up to $2.6B aggregate; notes issued with maturities up to 397 days.
- Notes are unsecured and rank at least pari passu with other unsubordinated indebtedness.
- No notes currently outstanding; program provides additional financing flexibility including acquisitions.
- Company reaffirms commitment to investment grade credit rating.