Company: IR
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001628280-25-021883
Chunk: 34

Company: Ingersoll Rand Inc.
Filing Date: 2025-05-02
Form: 10-Q
Item: Part I, Item 1
Chunk 34
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 due August 2033(1)993.6 993.4 5.450% Senior Notes, due June 2034(1)749.6 749.5 5.700% Senior Notes, due June 2054(1)597.6 597.6 Finance leases and other long-term debt13.8 14.1 Swap valuation adjustments13.5 (0.3)Unamortized debt issuance costs(44.9)(47.0)Total long-term debt, net, including current maturities4,771.8 4,755.8 Current maturities of long-term debt1.4 1.4 Total long-term debt, net$4,770.4 $4,754.4 (1)This amount is net of unamortized discounts. Total unamortized discounts aggregated to $10.6 million and $11.0 million as of March 31, 2025 and December 31, 2024, respectively.Senior NotesOn May 10, 2024, the Company issued $3,300.0 million in aggregate principal amount of senior unsecured notes comprised of $700.0 million aggregate principal amount of 5.197% Senior Notes due 2027 (the “2027 Notes”), $750.0 million aggregate principal amount of 5.176% Senior Notes due 2029 (the “2029 Notes”), $500.0 million aggregate principal amount of 5.314% Senior Notes due 2031 (the “2031 Notes”), $750.0 million aggregate principal amount of 5.450% Senior Notes due 2034 (the “2034 Notes”) and $600.0 million aggregate principal amount of 5.700% Senior Notes due 2054 (the “2054 Notes” and, together with the 2027 Notes, 2029 Notes, 2031 Notes and 2034 Notes, the “New Notes,” and collectively with the existing senior unsecured notes, the “Senior Notes”). The Company used the net proceeds of the 2034 Notes and the 2054 Notes to repay in full all indebtedness under, and terminate all commitments and discharge and release all guarantees in respect of, the Company’s former senior secured credit facilities and used the remaining net proceeds of such New Notes for general corporate purposes. The Company used the net proceeds of the 202