Allegion priced $400m senior notes due 2034 to repay 2024 maturities, with proceeds managed by multiple banks.
Allegion, a global security firm, priced $400 million of senior notes due 2034, guaranteed by the company. The notes are expected to close on May 29, with proceeds used to repay its $400 million 3.200% senior notes maturing in 2024. BofA Securities, Citigroup, Wells Fargo, Goldman Sachs, J.P. Morgan, PNC Capital, BNP Paribas, Huntington Securities, TD Securities, and U.S. Bancorp are managing the offering.
May 22, 2024
3 Articles