Allegion completes extension and increase of revolving credit facility

Dublin--(business wire)--allegion plc (nyse: alle), a leading global security products and solutions provider, has successfully completed the extension and increase of its existing senior unsecured revolving credit facility. the new $750 million five-year credit facility is unsecured and has investment grade terms similar to the $500 million facility it replaces. it provides allegion with commitments for revolving loans – a portion of which may be used for letters of credit and swingline loans.
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