Allegion completes refinancing of senior credit facility

Dublin--(business wire)--allegion plc (nyse: alle), a leading global provider of security products and solutions, has successfully completed the refinancing of its existing senior unsecured credit facility. the new five-year credit facility is unsecured, has investment grade terms similar to the credit facility it replaces and provides allegion with $250 million of term loans and $500 million of commitments for revolving loans – a portion of which may be used for letters of credit and swingline
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