Allegion plc (ALLE) (“Allegion” or the “Company”), a leading global provider of security products and solutions, has proposed a registered public offering of senior notes, subject to market and other conditions. The senior notes expected to be issued by Allegion will be guaranteed upon their issuance by Allegion US Holding Company Inc., a wholly-owned subsidiary of Allegion. Allegion intends to use all of the net proceeds from the senior notes offering to repay a portion of the borrowings under its term loan facility.

source https://finance.yahoo.com/news/allegion-proposes-public-offering-senior-124800770.html?.tsrc=rss