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Stock impact report

Ingersoll Rand Announces Proposed Public Offering of Senior Notes

Ingersoll Rand Inc. (IR) 
Last ingersoll rand inc. earnings: 1/29 06:30 am Check Earnings Report
Company Research Source: Business Wire
SWORDS, Ireland--(BUSINESS WIRE)-- Ingersoll-Rand plc (NYSE: IR) (the “Company”), a world leader in creating comfortable, sustainable and efficient environments, today announced that it expects its indirect, wholly-owned subsidiary, Ingersoll-Rand Luxembourg Finance S.A., to offer, subject to market and other conditions, senior notes in a registered public offering. We expect that the notes will be guaranteed by the Company and by Ingersoll-Rand Global Holding Company Limited, Ingersoll-Rand Lux International Holding Company S.à r.l., Ingersoll-Rand Irish Holdings Unlimited Company and Ingersoll-Rand Company, each of which is a wholly-owned subsidiary of the Company. We intend to use the net proceeds from the offering to finance the proposed acquisition of Precision Flow Systems, to pay expenses related to the offering and for general corporate purposes. Citigroup Global Markets Inc., Goldman Sac Show less Read more
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