CORK, Eire, Dec. 5, 2024 /PRNewswire/ — Johnson Controls World plc (NYSE: JCI) (the “Company” or “Johnson Controls”), an international chief for roguish, wholesome and sustainable structures, as of late introduced the pricing of its providing of $250 million senior notes due 2032 (the “Additional Notes”). The Extra Notes might be an additional issuance of, and mode a unmarried order with, the prevailing $400 million mixture important quantity of four.900% senior notes due 2032 that have been firstly issued on September 14, 2022 by means of the Corporate and Tyco Fireplace & Safety Finance, S.C.A., a subsidiary of the Corporate, as co-issuer. The web proceeds of the Extra Notes might be impaired for normal company functions, together with the compensation, redemption or refinancing of exceptional industrial paper and alternative near-term indebtedness. Common company functions may additionally come with acquisitions, additions to operating capital, repurchase of regular stocks, dividends, capital expenditures and investments within the Corporate’s subsidiaries.
The ultimate for the transaction is predicted to happen on December 10, 2024, matter to positive normal ultimate statuses.
BofA Securities and US Bancorp are serving as joint supremacy book-running managers to facilitate the transaction. Barclays, BBVA and UniCredit Capital Markets also are serving as book-running managers of the providing.
The providing of the Extra Notes is being made pursuant to an efficient shelf registration commentary, prospectus and alike prospectus complement. Copies of the prospectus complement and the bottom prospectus is also acquired by means of contacting BofA Securities, Inc. toll-free at 1-800-294-1322; or U.S. Bancorp Investments, Inc. toll-free at 1-877-558-2607. Traders may additionally download those paperwork for loose by means of visiting EDGAR at the Securities and Change Fee’s site at www.sec.gov. This press shed shall now not represent an deal to promote or the solicitation of an deal to shop for, nor shall there be any sale of those securities in any environment or alternative jurisdiction by which such deal, solicitation or sale could be illegal previous to registration or qualification below the securities rules of the sort of environment or alternative jurisdiction.
About Johnson Controls:
At Johnson Controls, we grow to be the environments the place family are living, paintings, be informed and play games. As an international chief in roguish, wholesome and sustainable structures, our challenge is to reimagine the efficiency of structures to provide family, parks and the planet.
Construction on a proud historical past of just about 140 years of innovation, we ship the blueprint of the date for industries akin to healthcare, colleges, knowledge facilities, airports, stadiums, production and past via OpenBlue, our complete virtual providing.
As of late, with an international staff of professionals, Johnson Controls offer the arena’s greatest portfolio of establishing era and device in addition to carrier answers from one of the crucial maximum depended on names within the trade.
Johnson Controls World plc Cautionary Remark Referring to Ahead-Having a look Statements
Johnson Controls World plc has made statements on this verbal exchange that are forward-looking and due to this fact are matter to dangers and uncertainties. Ahead-looking statements is also known by means of the utility of phrases akin to “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “believe,” “should,” “forecast,” “project” or “plan” and phrases of alike that means also are typically meant to spot forward-looking statements. Then again, the absence of those phrases does now not ruthless {that a} commentary isn’t forward-looking. Johnson Controls cautions that those statements are matter to diverse notable dangers, uncertainties, suppositions and alternative components, a few of which might be past Johnson Controls’ keep an eye on, that would reason original results to range materially from the ones expressed or implied by means of such forward-looking statements, together with, amongst others, dangers alike to: Johnson Controls’ talent to assemble or achieve fresh merchandise and applied sciences that reach marketplace acceptance and meet appropriate detail and regulatory necessities; the power of Johnson Controls to explode on its working type and force organizational growth; Johnson Controls’ talent to effectively explode and entire portfolio simplification, together with the finishing touch of the divestiture of the Residential and Brightness Business trade, in addition to the chance that the predicted advantages of such movements may not be learned or may not be learned throughout the anticipated future body; the power to rent and book senior control and alternative key body of workers, together with effectively executing Johnson Controls’ Well-known Government Officer succession plan; the power to innovate and adapt to rising applied sciences, concepts and traits available on the market, together with the incorporation of applied sciences akin to synthetic perception; the power to supremacy normal financial, trade and capital marketplace statuses, together with the affect of recessions, financial downturns and international value inflation; fluctuations in the fee and availability of folk and personal financing for Johnson Controls’ consumers; the power to supremacy macroeconomic and geopolitical volatility, together with provide chain shortages and the conflicts between Russia and Ukraine and Israel and Hamas; managing the hazards and affects of possible and original safety breaches, cyberattacks, privateness breaches or knowledge breaches, keeping up and making improvements to the capability, reliability and safety of Johnson Controls’ undertaking knowledge era infrastructure; the power to supremacy the lifecycle cybersecurity possibility within the construction, deployment and operation of Johnson Controls’ virtual platforms and products and services; adjustments to rules or insurance policies governing international business, together with financial sanctions, price lists, foreign currency echange and capital controls, import/export controls or alternative business restrictions; fluctuations in foreign money change charges; adjustments or unsureness in rules, laws, charges, insurance policies, or interpretations that affect Johnson Controls’ trade operations or tax condition; the power to evolve to international situation exchange, situation exchange law and effectively meet Johnson Controls’ folk sustainability constancy; dangers and uncertainties alike to the agreement with a national magnificence of folk H2O techniques regarding the utility of Aqueous Movie-Initiation Foam; the end result of litigation and governmental court cases; the chance of infringement or expiration of highbrow feature rights; Johnson Controls’ talent to supremacy disruptions led to by means of unfortunate or geopolitical occasions, akin to herbal screw ups, armed warfare, political exchange, situation exchange, pandemics and outbreaks of contagious illnesses and alternative hostile folk condition traits; any lengthen or incapacity of Johnson Controls to appreciate the predicted advantages and synergies of new portfolio transactions; the tax remedy of new portfolio transactions; vital transaction prices and/or unknown liabilities related to such transactions; exertions shortages, paintings stoppages, union negotiations, exertions disputes and alternative issues related to the exertions power; and the cancellation of or adjustments to industrial preparations. Traders are due to this fact cautioned to not park undue reliance on any forward-looking statements. For additional dialogue of positive of those components, see Merchandise 1A. Possibility Components within the Corporate’s Annual Record on Mode 10-Ok for the fiscal hour ended September 30, 2024, filed with the U.S. Securities and Change Fee (the “SEC”) on November 19, 2024 and in our next and date filings with the SEC, which might be to be had at www.sec.gov. Traders must take into account that it isn’t imaginable to are expecting or determine all such components and must now not believe this record to be an entire commentary of all possible dangers and uncertainties. The forward-looking statements integrated on this verbal exchange are made simplest as of the past of this verbal exchange, until another way specified, and, except for as required by means of regulation, the Corporate assumes refuse legal responsibility, and disclaims any legal responsibility, to replace forward-looking statements to replicate occasions or instances happening next the past of this verbal exchange.
SOURCE Johnson Controls World plc
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