debt
confidence high
sentiment neutral
materiality 0.50
Trane Technologies enters $1B sustainability-linked revolver through 2027, replacing prior facility
Trane Technologies plc
- New $1B senior unsecured revolving credit facility; maturity April 25, 2027, replacing 2018 facility.
- Borrowers: Trane Technologies Holdco Inc., Global Holding Company, and Financing Limited; guaranteed by Trane plc and others.
- Pricing includes annual adjustments linked to GHG intensity reduction and percentage of women in management.
- Proceeds for working capital, commercial paper support, and general corporate purposes.