debt
confidence high
sentiment neutral
materiality 0.50
Johnson Controls issues €800M of 4.250% Senior Notes due 2035 for green projects
Johnson Controls International plc
- Issued €800 million aggregate principal of 4.250% Senior Notes due 2035.
- Notes mature on May 23, 2035; interest payable annually beginning May 23, 2024.
- Net proceeds to be allocated to finance or refinance eligible green projects.
- Notes are unsecured, unsubordinated obligations ranking senior to subordinated debt.
- Underwriting syndicate led by Barclays, Citigroup, Deutsche Bank, Standard Chartered.