Trane Technologies plc has entered into a new $1 billion senior unsecured revolving credit agreement, effective May 27, 2025. The agreement involves Trane Technologies Holdco Inc. and Trane Technologies Financing Limited as the Borrowers, along with several Guarantors including Trane Technologies plc and its subsidiaries. Key financial institutions such as JPMorgan Chase Bank, N.A., Citibank, N.A., and Bank of America N.A. are involved as administrative and syndication agents. This new agreement, which runs through May 27, 2030, replaces the 2021 Revolving Credit Agreement set to expire in June 2026. The funds will be utilized for working capital, supporting commercial paper programs, and other general corporate purposes. The agreement includes customary covenants and events of default.
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