Johnson Controls prices senior notes offering
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Johnson Controls International plc has announced the pricing of its $250 million senior notes due 2032, which will be an addition to the existing $400 million senior notes issued in 2022.
December 05, 2024 | 10:00 pm
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Johnson Controls has priced an additional $250 million in senior notes due 2032, expanding its existing $400 million notes issued in 2022.
The issuance of additional senior notes suggests Johnson Controls is leveraging debt markets to potentially fund operations or growth. This move is neutral in the short term as it doesn't directly impact earnings or revenues but indicates strategic financial management.
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