( JCI ) ( the " Company " ) , a global multi-industrial leader in energy efficiency and sustainability , today announced that it has completed its previously announced public offering of equity units and its concurrent public offering of 6.50 % convertible senior notes due 2012 ( the " notes " ) . The Company also announced that the underwriters partially exercised their option to purchase additional equity units to cover over-allotments , resulting in a total sale of $ 450 million aggregate stated amount of equity units , and fully exercised their option to purchase additional notes to cover over-allotments , resulting in a total sale of $ 402.5 million in aggregate principal amount of notes .