Johnson Controls Prices $1B Notes Due 2033

Ticker: JCI · Form: 8-K · Filed: 2025-08-08T00:00:00.000Z

Sentiment: neutral

Topics: debt-issuance, financing, notes

TL;DR

JCI just priced a TON of debt across multiple maturities, including $1B in 3.125% notes due 2033.

AI Summary

Johnson Controls International plc announced on August 7, 2025, the issuance of $1.000 billion in aggregate principal amount of 3.125% notes due 2033. The company also announced the pricing of $1.000 billion aggregate principal amount of 3.900% notes due 2026, $1.000 billion of 3.750% notes due 2027, $1.000 billion of 3.000% notes due 2028, $1.000 billion of 5.500% notes due 2029, $1.000 billion of 1.750% notes due 2030, $1.000 billion of sustainability-linked notes due 2031, $1.000 billion of 1.000% notes due 2032, $1.000 billion of 4.900% notes due 2032, and $1.000 billion of 3.125% notes due 2033.

Why It Matters

Johnson Controls is raising significant capital through various note issuances, indicating potential expansion, refinancing, or other strategic financial activities.

Risk Assessment

Risk Level: medium — Issuing a large amount of debt can increase financial leverage and interest expenses, potentially impacting profitability and financial flexibility.

Key Numbers

$1.000B — Notes due 2033 (Principal amount of 3.125% notes issued)
$1.000B — Notes due 2026 (Principal amount of 3.900% notes issued)
$1.000B — Notes due 2027 (Principal amount of 3.750% notes issued)
$1.000B — Notes due 2028 (Principal amount of 3.000% notes issued)
$1.000B — Notes due 2029 (Principal amount of 5.500% notes issued)
$1.000B — Notes due 2030 (Principal amount of 1.750% notes issued)
$1.000B — Sustainability-Linked Notes due 2031 (Principal amount of sustainability-linked notes issued)
$1.000B — Notes due 2032 (Principal amount of 1.000% notes issued)

Key Players & Entities

Johnson Controls International plc (company) — Filer
3.125% notes due 2033 (dollar_amount) — Debt issuance
3.900% notes due 2026 (dollar_amount) — Debt issuance
3.750% notes due 2027 (dollar_amount) — Debt issuance
3.000% notes due 2028 (dollar_amount) — Debt issuance
5.500% notes due 2029 (dollar_amount) — Debt issuance
1.750% notes due 2030 (dollar_amount) — Debt issuance
sustainability-linked notes due 2031 (dollar_amount) — Debt issuance
1.000% notes due 2032 (dollar_amount) — Debt issuance
4.900% notes due 2032 (dollar_amount) — Debt issuance

FAQ

What is the total aggregate principal amount of all notes issued by Johnson Controls?

Johnson Controls issued a total of $9.000 billion in aggregate principal amount across nine different note issuances.

What is the interest rate and maturity date for the sustainability-linked notes?

The filing indicates sustainability-linked notes due 2031 were issued, but the specific interest rate is not detailed in this excerpt.

What is the purpose of these multiple debt issuances?

The filing does not explicitly state the purpose of these debt issuances, but they typically fund operations, acquisitions, or refinance existing debt.

When did Johnson Controls International plc file this 8-K report?

Johnson Controls International plc filed this 8-K report on August 8, 2025.

What was Johnson Controls International plc formerly known as?

Johnson Controls International plc was formerly known as Tyco International plc, with name changes occurring on November 17, 2014, April 8, 2010, and July 15, 1997.

From the Filing

0000833444-25-000066.txt : 20250808 0000833444-25-000066.hdr.sgml : 20250808 20250808063938 ACCESSION NUMBER: 0000833444-25-000066 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20250807 ITEM INFORMATION: Other Events FILED AS OF DATE: 20250808 DATE AS OF CHANGE: 20250808 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Johnson Controls International plc CENTRAL INDEX KEY: 0000833444 STANDARD INDUSTRIAL CLASSIFICATION: AIR COND & WARM AIR HEATING EQUIP & COMM & INDL REFRIG EQUIP [3585] ORGANIZATION NAME: 06 Technology EIN: 000000000 STATE OF INCORPORATION: L2 FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-13836 FILM NUMBER: 251196135 BUSINESS ADDRESS: STREET 1: ONE ALBERT QUAY STREET 2: ALBERT QUAY CITY: CORK STATE: L2 ZIP: 00000 BUSINESS PHONE: 414-524-1200 MAIL ADDRESS: STREET 1: 5757 N. GREEN BAY AVENUE STREET 2: P.O. BOX 591 CITY: MILWAUKEE STATE: WI ZIP: 53201 FORMER COMPANY: FORMER CONFORMED NAME: TYCO INTERNATIONAL plc DATE OF NAME CHANGE: 20141117 FORMER COMPANY: FORMER CONFORMED NAME: TYCO INTERNATIONAL LTD DATE OF NAME CHANGE: 20100408 FORMER COMPANY: FORMER CONFORMED NAME: TYCO INTERNATIONAL LTD /BER/ DATE OF NAME CHANGE: 19970715 8-K 1 jci-20250807.htm 8-K jci-20250807 0000833444 false 0000833444 2025-08-07 2025-08-07 0000833444 jci:OrdinarySharesParValue0.01Member 2025-08-07 2025-08-07 0000833444 jci:Notes3.900PercentDue2026Member 2025-08-07 2025-08-07 0000833444 jci:Notes0375PercentDue2027Member 2025-08-07 2025-08-07 0000833444 jci:Notes3000PercentDue2028Member 2025-08-07 2025-08-07 0000833444 jci:Notes5.500PercentDue2029Member 2025-08-07 2025-08-07 0000833444 jci:Notes1750PercentDue2030Member 2025-08-07 2025-08-07 0000833444 jci:SustainabilityLinkedNotes2000Due2031Member 2025-08-07 2025-08-07 0000833444 jci:Notes1000PercentDue2032Member 2025-08-07 2025-08-07 0000833444 jci:Notes4900PercentDue2032Member 2025-08-07 2025-08-07 0000833444 jci:Notes3.125PercentDue2033Member 2025-08-07 2025-08-07 0000833444 jci:Notes4250PercentDue2035Member 2025-08-07 2025-08-07 0000833444 jci:Notes6.000PercentDue2036Member 2025-08-07 2025-08-07 0000833444 jci:Notes5.700PercentDue2041Member 2025-08-07 2025-08-07 0000833444 jci:Notes5.250PercentDue2041Member 2025-08-07 2025-08-07 0000833444 jci:Notes4.625Percentdue2044Member 2025-08-07 2025-08-07 0000833444 jci:Notes5.125PercentDue2045Member 2025-08-07 2025-08-07 0000833444 jci:Debentures6.950PercentDueDecember12045Member 2025-08-07 2025-08-07 0000833444 jci:Notes4.500PercentDue2047Member 2025-08-07 2025-08-07 0000833444 jci:Notes4.950PercentDue2064Member 2025-08-07 2025-08-07 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported): August 7, 2025 JOHNSON CONTROLS INTERNATIONAL PLC (Exact name of registrant as specified in its charter)    Ireland 001-13836 98-0390500 (State or Other Jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification Number) One Albert Quay. Cork , Ireland , T12 X8N6 (Address of principal executive offices and postal code) (353) 21-423-5000 Not Applicable (Registrant’s telephone number) (Former name or former address, if changed since last report)  Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to