The company said it established a commercial paper program under which it may issue short-term, unsecured commercial paper notes on August 13, 2024. The notes are issued under the exemption from registration in Section 4(a)(2) of the Securities Act.

1. 01

   The company said it established a commercial paper program under which it may issue short-term, unsecured commercial paper notes on August 13, 2024. The notes are issued under the exemption from registration in Section 4(a)(2) of the Securities Act.

2. 02

   The company said amounts under the program may be borrowed, repaid and re-borrowed from time to time, and the aggregate face or principal amount of notes outstanding under the program at any time must not exceed $2,600,000,000. The notes will have maturities of up to 397 days from the date of issue.

3. 03

   The company said no notes are currently outstanding under the program and that the notes will rank at least pari passu with its other unsecured and unsubordinated indebtedness. It said the program is intended to provide additional financing flexibility for purposes including acquisitions.

4. 04

   Ingersoll Rand said it remains committed to its investment grade credit rating. It also said the notes have not been and will not be registered under the Securities Act or any state securities laws, and may not be offered or sold in the United States without registration or an applicable exemption.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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