Reuters logo
BRIEF-Allegion announces pricing of $800 million of senior notes
September 18, 2017 / 10:52 PM / 3 months ago

BRIEF-Allegion announces pricing of $800 million of senior notes

Sept 18 (Reuters) - Allegion Plc

* Allegion announces pricing of $800 million of senior notes

* Allegion Plc - Its unit priced offering of $400 million aggregate principal amount of 3.200% senior notes due 2024​

* Allegion says its unit also priced offering of $400 million aggregate principal amount of 3.550% senior notes due 2027​

* Allegion Plc - Company expects that it will realize approximately $13 million in annualized interest expense savings as a result of offering

* Allegion Plc - Expects in 2017, $47 million charge related to redemption of outstanding senior notes, write-off of previously capitalized debt issue costs Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below