Allegion plc Files 8-K for Material Definitive Agreement
Ticker: ALLE · Form: 8-K · Filed: May 20, 2024 · CIK: 1579241
| Field | Detail |
|---|---|
| Company | Allegion PLC (ALLE) |
| Form Type | 8-K |
| Filed Date | May 20, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01, $750.0 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, financial-obligation, regulation-fd
TL;DR
Allegion just filed an 8-K for a big new deal, could mean new debt or obligations.
AI Summary
Allegion plc announced on May 20, 2024, that it entered into a Material Definitive Agreement related to the creation of a financial obligation. The company also issued a Regulation FD Disclosure and filed financial statements and exhibits. Specific details regarding the agreement and financial obligations were not provided in this summary.
Why It Matters
This filing indicates Allegion plc has entered into a significant agreement that may create financial obligations, which could impact its financial health and future operations.
Risk Assessment
Risk Level: medium — The filing mentions a Material Definitive Agreement and creation of a financial obligation, which inherently carries some risk until more details are disclosed.
Key Players & Entities
- Allegion plc (company) — Registrant
- May 20, 2024 (date) — Date of Report
FAQ
What is the nature of the Material Definitive Agreement Allegion plc entered into?
The filing does not specify the exact nature of the Material Definitive Agreement, only that it was entered into on or before May 20, 2024.
What type of financial obligation was created by Allegion plc?
The filing states the creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement, but does not provide specific details.
What is the significance of the Regulation FD Disclosure mentioned in the filing?
A Regulation FD Disclosure is made to ensure that material information is broadly disseminated to the public, preventing selective disclosure.
When was this 8-K form filed by Allegion plc?
The 8-K form was filed on May 20, 2024.
What are the key items reported in this 8-K filing?
The key items reported are Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement, Regulation FD Disclosure, and Financial Statements and Exhibits.
Filing Stats: 848 words · 3 min read · ~3 pages · Grade level 11.4 · Accepted 2024-05-20 16:22:59
Key Financial Figures
- $0.01 — registered Ordinary shares, par value $0.01 per share ALLE New York Stock Excha
- $750.0 million — revolving facility will be increased to $750.0 million (the "Revolving Facility"), (ii) the ma
Filing Documents
- d808168d8k.htm (8-K) — 34KB
- d808168dex101.htm (EX-10.1) — 1015KB
- d808168dex991.htm (EX-99.1) — 10KB
- g808168snap174a.jpg (GRAPHIC) — 6KB
- g808168snap174b.jpg (GRAPHIC) — 6KB
- 0001193125-24-142866.txt ( ) — 1434KB
- alle-20240520.xsd (EX-101.SCH) — 3KB
- alle-20240520_def.xml (EX-101.DEF) — 14KB
- alle-20240520_lab.xml (EX-101.LAB) — 23KB
- alle-20240520_pre.xml (EX-101.PRE) — 15KB
- d808168d8k_htm.xml (XML) — 6KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 10.1 Amended and Restated Credit Agreement, dated as of May 20, 2024, by and among Allegion plc, Allegion US Holding Company Inc. and Allegion (Ireland) Finance Designated Activity Company, as borrowers, Bank of America, N.A., as administrative agent, and the lenders and issuers from time to time party thereto 99.1 Press Release of Allegion plc dated May 20, 2024 104 Cover Page Interactive Data File (formatted in Inline XBRL and contained in Exhibit 101) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ALLEGION PLC (Registrant) Date: May 20, 2024 /s/ Michael J. Wagnes Michael J. Wagnes Senior Vice President and Chief Financial Officer