Johnson Controls Files 8-K with Financial Exhibits

TL;DR

JCI dropped an 8-K with financial exhibits and debt details. Check the notes!

AI Summary

Johnson Controls International plc filed an 8-K on May 20, 2024, primarily to report financial statements and exhibits. The filing includes details on various notes, such as 3.625% Notes due 2024 and Sustainability Linked Notes due 2031, indicating ongoing financial activities and debt management.

Why It Matters

This filing provides investors with updated financial information and details on the company's debt instruments, which are crucial for assessing its financial health and investment risk.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of financial statements and exhibits, not indicating any immediate operational or financial distress.

Key Players & Entities

• Johnson Controls International plc (company) — Filer
• 0000833444-24-000032 (filing_id) — Accession Number
• 20240520 (date) — Filing Date
• 3.625% Notes due 2024 (debt_instrument) — Financial Exhibit
• Sustainability Linked Notes 2000 Due 2031 (debt_instrument) — Financial Exhibit

FAQ

Key Financial Figures

• $0.01 — Registered Ordinary Shares, Par Value $0.01 JCI New York Stock Exchange 3.625% Se
• $90,000,000 — er to Purchase (as defined below) up to $90,000,000 in aggregate principal amount (as such

Filing Documents

• jci-20240520.htm (8-K) — 55KB
• ex991.htm (EX-99.1) — 35KB
• image_0a.jpg (GRAPHIC) — 35KB
• 0000833444-24-000032.txt ( ) — 440KB
• jci-20240520.xsd (EX-101.SCH) — 8KB
• jci-20240520_def.xml (EX-101.DEF) — 26KB
• jci-20240520_lab.xml (EX-101.LAB) — 53KB
• jci-20240520_pre.xml (EX-101.PRE) — 27KB
• jci-20240520_htm.xml (XML) — 17KB

01. Other Events

Item 8.01. Other Events. Tender Offers On May 20, 2024, Johnson Controls International plc (the "Company"), issued a press release announcing the commencement of cash tender offers (each, a "Tender Offer," and collectively, the "Tender Offers") to purchase in the order of priority set forth in the Offer to Purchase (as defined below) up to $90,000,000 in aggregate principal amount (as such amount may be increased or decreased by the Company pursuant to the terms of the Tender Offers and subject to applicable law, the "Aggregate Tender Cap") of its 5.125% Senior Notes due 2045 and 4.500% Senior Notes due 2047 (together, the "Notes"). The Tender Offers are each being made upon the terms and subject to the conditions set forth in the Offer to Purchase, dated May 20, 2024 (the "Offer to Purchase"). The Tender Offers are not conditioned upon the tender of any minimum principal amount of the Notes. The purchase of any series of Notes is not conditioned upon the purchase of any other series of Notes; however, any Notes validly tendered and accepted for purchase may be subject to proration as described in the Offer to Purchase. The Company will fund the purchase of Notes in the Tender Offers with cash on hand and/or ordinary course commercial paper borrowings. The Tender Offers will expire at 5:00 p.m., New York City time, on June 18, 2024, unless extended or earlier terminated (such time and date, as the same may be extended with respect to one or more Tender Offers, the "Expiration Date"). Holders of Notes must validly tender and not validly withdraw their Notes at or prior to 5:00 p.m., New York City time, on June 3, 2024 (such time and date, as the same may be extended with respect to one or more Tender Offers, the "Early Tender Date") in order to be eligible to receive the applicable Total Consideration (as set forth in the Offer to Purchase), which includes the Early Tender Payment (as set forth in the Offer to Purchase). Holders who validly tender their Notes a

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits: Exhibit No. Description 99.1 Press release issued by Johnson Controls International plc, dated May 20, 2024, relating to the Tender Offers. 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL. 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. JOHNSON CONTROLS INTERNATIONAL PLC Date: May 20, 2024 By: /s/ Richard J. Dancy Name: Richard J. Dancy Title: Vice President and Corporate Secretary

View Full Filing

View this 8-K filing on SEC EDGAR