US: JCI completes debt offering

Johnson Controls (JCI) has announced that it has completed its public offering of US$1.6bn aggregate principal amount of floating and fixed rate senior notes consisting of US$350m of floating rate senior notes that mature in 2014 and bear interest at a rate of three-month LIBOR plus 0.41%; US$450m of fixed Subscribe to Automotive World to … Continued

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• February 7, 2011