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Prospect News home > News index > List of issuers I > Headlines for Ingersoll-Rand plc > News item
Published on 6/20/2013 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Ingersoll-Rand to redeem all $655 million of its 9½% bonds on July 17

By Tali David

Minneapolis, June 20 - Ingersoll-Rand Global Holding Co. Ltd. called its $655 million of 9½% senior notes due 2014, according to a notice.

The bonds will be redeemed on July 17.

The make-whole redemption price will be calculated using Treasuries plus 50 basis points. Holders will also receive accrued interest.

Wells Fargo Bank, NA is the trustee.

Ingersoll-Rand is a Swords, Ireland, diversified industrial firm.


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