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Lennox reports plans to conduct offering of fixed-rate senior notes
By Devika Patel
Knoxville, Tenn., Oct. 25 – Lennox International Inc. plans to price a sale of fixed-rate senior notes, according to a 424B2 filed with the Securities and Exchange Commission.
The notes have a make-whole call and then a par call.
J.P. Morgan Securities LLC and Wells Fargo Securities LLC are the bookrunners for the offering.
The Richardson, Texas, climate-control products company will use the proceeds for working capital and other general corporate purposes, including repaying debt and stock repurchases.
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