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Ingersoll Rand Establishes $2.6 Billion Commercial Paper Program

08.19.24

Simpson Thacher recently represented Ingersoll Rand Inc. (“Ingersoll Rand”) in the establishment of a $2.6 billion commercial paper program (the “Program”) pursuant to Section 4(a)(2) of the Securities Act of 1933. Ingersoll Rand intends the Program to provide additional financing flexibility for various purposes including acquisitions and remains committed to its investment grade credit rating.

Ingersoll Rand, driven by an entrepreneurial spirit and ownership mindset, is dedicated to Making Life Better for its employees, customers, shareholders, and planet. Customers lean on Ingersoll Rand for exceptional performance and durability in mission-critical flow creation and industrial solutions. Supported by over 80+ respected brands, Ingersoll Rand’s products and services excel in the most complex and harsh conditions. Ingersoll Rand’s employees develop customers for life through their daily commitment to expertise, productivity, and efficiency.

The Simpson Thacher team included Richard Fenyes and Shub Chandrasekaran (Capital Markets); Matthew Farrell (Banking & Credit); and Arielle Katzman (Public Company Advisory Practice).