Johnson Controls Issues First $500 Million Sustainability-Linked Bond

Johnson Controls (NYSE: JCI), the global leader for smart, healthy and sustainable buildings has furthered its leadership in sustainable finance following the completion of its first Sustainability-Linked Bond offering of $500 million in ten-year senior notes. The offering of the Sustainability-Linked Bond is in conformity with the company's recently published integrated green, social and sustainability-linked finance framework. The publication of an integrated sustainable finance framework and issuance of a Sustainability-Linked Bond mark two new sustainability milestones for Johnson Controls, which has become the first S&P500 industrial company to complete both accomplishments.