By Chris Wack

Ingersoll-Rand Plc (IR) said Tuesday that it expects its indirect, wholly-owned subsidiary, Ingersoll-Rand Luxembourg Finance S.A., to offer senior notes in a registered public offering.

The Ireland-based company said it intends to use the proceeds from the offering to finance the proposed acquisition of Precision Flow Systems, to pay expenses related to the offering and for general corporate purposes.

Ingersoll-Rand announced in February that it would acquire Precision Flow Systems from funds advised by BC Partners Advisors L.P. and Carlyle Group for $1.45 billion.

Write to Chris Wack at chris.wack@wsj.com

(END) Dow Jones Newswires

March 19, 2019 09:24 ET (13:24 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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