Allegion US Holding Company Inc., established in 2013 and based in Carmel, Indiana, is a leading provider of security products and solutions for residential and commercial properties. The company focuses on innovative access control and security technologies, offering a comprehensive portfolio that includes door hardware, electronic locks, and integrated security systems.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| ALLE 3.55% 2027-10-01 USDAllegion US Holding Company Inc. | United States | 2027-10-01 | 3.550 | 4.13 |
| ALLE 5.41% 2032-07-01 USDAllegion US Holding Company Inc. | Ireland | 2032-07-01 | 5.411 | 4.60 |
| ALLE 5.60% 2034-05-29 USDAllegion US Holding Company Inc. | Ireland | 2034-05-29 | 5.600 | 4.91 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Allegion has actively engaged in the bond market since its inception, with its first bond issuance in 2014 as a part of post-spin-off financing from Allegion's predecessor company. Notably, in 2020, Allegion launched a $500 million bond offering to bolster liquidity amid the pandemic, which was well-received, resulting in attractive yields competitive within the industry. Currently, its bonds exhibit a solid investment grade, reflecting the company's robust financial performance and prudent management, alongside features such as call options and staggered maturities which enhance their appeal to investors.