Allegion plc, founded in 2013 and headquartered in Dublin, Ireland, specializes in security products and solutions, focusing on safety and security throughout various sectors. The company offers a comprehensive range of door hardware, electronic security, and access control systems, serving both residential and commercial markets.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| ALLE 3.50% 2029-10-01 USDAllegion plc | United States | 2029-10-01 | 3.500 | 4.33 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Allegion began its bond issuance in 2014 to finance its growth initiatives, with a particularly notable issuance of $400 million in senior unsecured notes in 2019, which helped refinance existing debts and support expansion strategies. Currently, Allegion's bonds exhibit yields that are competitive within the industry, reflecting investor confidence in its strong market position and solid financial performance. Additionally, recent reports suggest positive momentum in their restructuring efforts, potentially leading to favorable future bond conditions.