Johnson Controls Files 8-K Detailing Debt Offerings
Ticker: JCI · Form: 8-K · Filed: Jun 4, 2024 · CIK: 833444
| Field | Detail |
|---|---|
| Company | Johnson Controls International PLC (JCI) |
| Form Type | 8-K |
| Filed Date | Jun 4, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt, financing, disclosure
TL;DR
JCI filed an 8-K detailing various debt notes due between 2024-2031.
AI Summary
Johnson Controls International plc filed an 8-K on June 4, 2024, to report other events and financial statements. The filing includes details on various debt instruments, such as Notes with interest rates ranging from 0.375% to 5.500% due between 2024 and 2031, including Sustainability Linked Notes due in 2031.
Why It Matters
This filing provides transparency into Johnson Controls' capital structure and financing activities, which can impact its financial leverage and future investment capacity.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of debt instruments and does not indicate any immediate operational or financial distress.
Key Numbers
- 0.375% — Interest Rate (Minimum interest rate on Notes due 2027)
- 5.500% — Interest Rate (Maximum interest rate on Notes due 2029)
- 2024 — Maturity Year (Earliest maturity year for Notes)
- 2031 — Maturity Year (Latest maturity year for Sustainability Linked Notes)
Key Players & Entities
- Johnson Controls International plc (company) — Filer
- 0001193125-24-154244 (accession_number) — Filing identifier
- 20240604 (date) — Filing date
- 0000833444 (central_index_key) — Company identifier
- 3585 (sic_code) — Standard Industrial Classification
- Tyco International plc (company) — Former company name
- 20141117 (date) — Date of name change
FAQ
What is the purpose of this 8-K filing for Johnson Controls International plc?
The 8-K filing on June 4, 2024, is to report other events and to file financial statements and exhibits.
What types of debt instruments are detailed in the filing?
The filing details various Notes with different interest rates and maturity dates, including Sustainability Linked Notes.
What is the earliest maturity date mentioned for the Notes?
The earliest maturity date mentioned for the Notes is 2024.
What is the latest maturity date mentioned for any debt instrument?
The latest maturity date mentioned is 2031 for the Sustainability Linked Notes.
What was Johnson Controls International plc formerly known as?
Johnson Controls International plc was formerly known as Tyco International plc, with a name change date of November 17, 2014.
Filing Stats: 751 words · 3 min read · ~3 pages · Grade level 8.4 · Accepted 2024-06-04 16:07:37
Key Financial Figures
- $0.01 — Registered Ordinary Shares, Par Value $0.01 JCI New York Stock Exchange 3.625
Filing Documents
- d843118d8k.htm (8-K) — 54KB
- d843118dex991.htm (EX-99.1) — 24KB
- d843118dex992.htm (EX-99.2) — 28KB
- g843118g0604102154973.jpg (GRAPHIC) — 3KB
- g843118g98j49.jpg (GRAPHIC) — 7KB
- 0001193125-24-154244.txt ( ) — 398KB
- jci-20240604.xsd (EX-101.SCH) — 8KB
- jci-20240604_def.xml (EX-101.DEF) — 20KB
- jci-20240604_lab.xml (EX-101.LAB) — 35KB
- jci-20240604_pre.xml (EX-101.PRE) — 22KB
- d843118d8k_htm.xml (XML) — 26KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Exhibit Description 99.1 Press Release issued by Johnson Controls International plc dated June 4, 2024 regarding early tender results of the Tender Offers. 99.2 Press Release issued by Johnson Controls International plc dated June 4, 2024 regarding pricing of 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: June 4, 2024 By: /s/ Richard J. Dancy Name: Richard J. Dancy Title: Vice President and Corporate Secretary