The Firm represented Ingersoll-Rand plc (NYSE: IR) in connection with a registered offering of $300 million aggregate principal amount of 2.9% Senior Notes due 2021, $550 million aggregate principal amount of 3.75% Senior Notes due 2028 and $300 million aggregate principal amount of 4.3% Senior Notes due 2048. The notes were issued by Ingersoll-Rand Global Holding Company Limited, and guaranteed by Ingersoll-Rand plc, Ingersoll-Rand Luxembourg Finance S.A., Ingersoll-Rand Lux International Holding Company S.à r.l., Ingersoll-Rand Company and Ingersoll-Rand Irish Holdings Unlimited Company. Ingersoll Rand intends to use the net proceeds from the offering to redeem in full $750 million aggregate principal amount of 6.875% Senior Notes due 2018 and $350 million aggregate principal amount of 2.875% Senior Notes due 2019. Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated acted as joint lead bookrunning managers of the offering.
Ingersoll Rand is a diversified, global company that provides products, services and solutions to enhance the quality and comfort of air in homes and buildings, transport and protect food and perishables, and increase industrial productivity and efficiency.
The Simpson Thacher team included Josh Bonnie, Jonathan Pacheco, Natalie Karam, Patrick McCamy and Claire DiMario (Capital Markets); Jeanne Annarumma (Executive Compensation and Employee Benefits); Jasmine Hay (Tax); and Adeeb Fadil (Environmental).