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Johnson Controls announces redemption of Senior Notes

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Johnson Controls International (NYSE: JCI) announced the redemption of its outstanding 3.750% Senior Notes, totaling $171,081,000, due December 1, 2021. The redemption will take place on September 1, 2021, with a price equal to 100% of the principal plus accrued interest. Payments will be made via The Depository Trust Company. This press release serves informational purposes and is not a solicitation to buy or sell any of the Notes.

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CORK, Ireland, July 27, 2021 /PRNewswire/ -- Johnson Controls International plc (NYSE: JCI) announced today that it has issued a notice of redemption for all of its outstanding 3.750% Senior Notes due December 1, 2021 (CUSIP No. 478375AF5). The Notes have an aggregate principal amount of $171,081,000 and will be redeemed on September 1, 2021. The redemption price for the Notes will be equal to 100% of the principal amount of the Notes redeemed, plus any accrued and unpaid interest thereon to, but excluding, September 1, 2021.

Payment of the redemption price for the Senior Notes will be made through the facilities of The Depository Trust Company.

This press release is for informational purposes only and is neither an offer to buy nor a solicitation to sell any of the Notes. The foregoing does not constitute a notice of redemption under the indenture governing the Notes and is qualified in its entirety by the redemption notice distributed to the holders of the Notes by U.S. Bank National Association, the Trustee under the Notes.

About Johnson Controls:

At Johnson Controls (NYSE:JCI) we transform the environments where people live, work, learn and play. As the global leader in smart, healthy and sustainable buildings, our mission is to reimagine the performance of buildings to serve people, places and the planet. 

With a history of more than 135 years of innovation, Johnson Controls delivers the blueprint of the future for industries such as healthcare, schools, data centers, airports, stadiums, manufacturing and beyond through its comprehensive digital offering OpenBlue. With a global team of 100,000 experts in more than 150 countries, Johnson Controls offers the world`s largest portfolio of building technology, software as well as service solutions with some of the most trusted names in the industry. For more information, visit www.johnsoncontrols.com or follow us @johnsoncontrols on Twitter.

JOHNSON CONTROLS CONTACTS:



INVESTOR CONTACTS:

MEDIA CONTACTS:



Antonella Franzen

Chaz Bickers

Direct: 609.720.4665

Direct: 224.307.0655

Email: antonella.franzen@jci.com

Email: charles.norman.bickers@jci.com



Ryan Edelman  


Direct: 609.720.4545                                                     


Email: ryan.edelman@jci.com                                       


 

Johnson Controls Logo. (PRNewsFoto/JOHNSON CONTROLS, INC.) (PRNewsFoto/)

 

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SOURCE Johnson Controls International plc

FAQ

What is the amount of senior notes Johnson Controls is redeeming?

Johnson Controls is redeeming outstanding 3.750% Senior Notes totaling $171,081,000.

When is the redemption date for Johnson Controls' senior notes?

The redemption date for the senior notes is September 1, 2021.

What will be the price of the redeemed senior notes?

The redemption price will be equal to 100% of the principal amount of the notes plus any accrued interest.

What is the CUSIP number for the senior notes being redeemed?

The CUSIP number for the senior notes is 478375AF5.

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