secwatch.observer — SEC 8-K summary
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Issuer:     Allegion plc (ALLE)
CIK:        0001579241
Form:       8-K
Filed at:   2022-06-22T23:59:59+00:00
Accession:  0001193125-22-178761
Event type: debt
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Allegion issues $600M of 5.411% senior notes due 2032 to fund Stanley Access acquisition
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- $600M aggregate principal of 5.411% Senior Notes due 2032 issued; interest paid semi-annually.
- Net proceeds, plus cash and revolver borrowings, to finance acquisition of Stanley Access Technologies from Stanley Black & Decker (expected Q3 2022).
- Notes are senior unsecured obligations of Allegion US Holding Company Inc., guaranteed by Allegion plc.
- Matures July 1, 2032; redeemable at make-whole prior to April 1, 2032, then at par.
- If acquisition fails to close, proceeds used for general corporate purposes including debt repayment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1579241/000119312522178761/0001193125-22-178761-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1579241/000119312522178761/d330714d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-178761

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