Trane Technologies enters new $1B revolving credit facility, replacing 2021 facility

Trane Technologies plc

New $1.0 billion senior unsecured revolving credit agreement matures May 27, 2030.
Replaces the prior $1.0 billion facility that was scheduled to expire June 18, 2026.
Borrowers include Trane Technologies Holdco Inc. and Trane Technologies Financing Limited; guaranteed by parent and key subsidiaries.
Proceeds to be used for working capital, support commercial paper programs, and other general corporate purposes.
Contains customary negative and affirmative covenants and events of default.

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