Johnson Controls becomes one of the first industrial companies to tie its line of credit in the U.S. syndicated loan market to sustainability performance
2019-12-11
Johnson Controls International plc, (NYSE: JCI), is one of the first industrial companies to tie its senior revolving facilities to specific sustainability metrics in the U.S. syndicated loan market. This precedent setting announcement ties Johnson Controls new five-year senior revolving credit facility and its one-year senior revolving credit facility to a sustainability-linked pricing mechanism.