05:05 PM EST, 12/05/2024 (MT Newswires) -- Johnson Controls International ( JCI ) said late Thursday it priced a $250 million offering of senior notes due 2032.
These additional notes will form a single series with the company's existing $400 million 4.900% senior notes due 2032, which were initially issued on Sept. 14 by the company and its subsidiary.
The company expects to close the offering on Dec. 10.
Proceeds from the offering will be used for general corporate purposes including debt repayment, acquisitions, working capital, shares repurchases, dividends and investments, according to the company.