US: Johnson Controls raises US$494m from debt offering

Johnson Controls (JCI) has announced that it has completed its previously announced public offering of US$500m of senior notes, which have an interest rate of 5.000% and will be due on 30 March 2020. The supplier secured the forecast US$494.2m of net proceeds from the offering after deducting underwriting discounts and commissions Subscribe to Automotive World … Continued

• By Webmaster
• March 10, 2010