8-KOther EventsExhibits & Filings

Johnson Controls International plc 8-K Report, Corporate Update (May 18, 2007)

Filed May 18, 2007For Securities:JCI

Summary

This 8-K filing from Tyco International Ltd. (not Johnson Controls International plc as initially stated, which seems to be an error in the prompt's context) dated May 17, 2007, primarily reports on the preliminary results of tender offers and consent solicitations for various notes issued by its wholly owned subsidiary, Tyco International Group S.A. (TIGSA). Investors should note that these actions concern specific notes under indentures from 1998 and 2003. The announcement provides preliminary figures for the principal amounts of these notes that had been validly tendered and not withdrawn by the early consent date of May 17, 2007. The full details of the tender offers and consent solicitations are available in the press release attached as an exhibit.

Key Highlights

  • 1Tyco International Ltd. is reporting preliminary results for tender offers and consent solicitations related to notes issued by its subsidiary, Tyco International Group S.A. (TIGSA).
  • 2The offers pertain to specific notes issued under indentures dated June 9, 1998, and November 12, 2003.
  • 3The report includes preliminary figures for the principal amount of notes tendered and not validly withdrawn as of the early consent date, May 17, 2007.
  • 4This filing serves as an update on Tyco's debt management activities.
  • 5A press release detailing the aggregate principal amount of notes tendered by the early consent date is attached as Exhibit 99.1 and incorporated by reference.

Frequently Asked Questions

The main purpose of this 8-K filing is to announce the preliminary results of tender offers and consent solicitations made by Tyco International Ltd. concerning certain notes issued by its subsidiary, Tyco International Group S.A. (TIGSA).

The tender offers and consent solicitations are for notes issued by Tyco International Group S.A. (TIGSA) under indentures dated June 9, 1998, and November 12, 2003, with Tyco International Ltd. acting as guarantor.

Preliminary results mean that the figures provided are based on the information available as of the early consent date and may not be the final accepted amounts. The company will likely provide final results in a subsequent filing or announcement once the offers are complete and processed.

More detailed information regarding the aggregate principal amount of notes tendered on or before the early consent date is available in the press release dated May 17, 2007, which is attached as Exhibit 99.1 to this 8-K filing.