Allegion $400 million senior notes offering
The 5.6% investment-grade senior notes are due 2034
Davis Polk advised the joint book-running managers in connection with an offering of $400 million aggregate principal amount of 5.600% senior notes due 2034 issued by Allegion US Holding Company Inc.
Allegion is a global pioneer in seamless access, with leading brands like CISA, Interflex, LCN, Schlage, SimonsVoss and Von Duprin. Focusing on security around the door and adjacent areas, Allegion secures people and assets with a range of solutions for homes, businesses, schools and institutions.
The Davis Polk corporate team included partner Derek Dostal and associates Meaghan Kennedy and Sierra M. Acosta. Counsel Yixuan Long and associate Michelle Zhao provided tax advice. Partner Frank J. Azzopardi and associates Alexis N. Wallace and Ben Malone provided intellectual property advice. All members of the Davis Polk team are based in the New York office.