8-KOther EventsExhibits & Filings

Johnson Controls International plc 8-K Report, Corporate Update (May 25, 2007)

Filed May 25, 2007For Securities:JCI

Summary

This 8-K filing from Tyco International Ltd., dated May 25, 2007, primarily reports on the results of tender offers and consent solicitations for various notes issued by Tyco and its subsidiaries. The tender offers, launched on April 27, 2007, expired on May 24, 2007. This filing confirms the aggregate principal amount of notes that were validly tendered and not withdrawn. For investors, this report signifies the conclusion of a debt management process. The successful completion of these tender offers and consent solicitations likely aimed to streamline Tyco's capital structure or reduce specific debt obligations. Investors should refer to the attached press release (Exhibit 99.1) for the specific details on the principal amounts accepted and any resulting changes in the company's outstanding debt.

Key Highlights

  • 1Tyco International Ltd. announced the results of its tender offers and consent solicitations for various notes.
  • 2The tender offers expired on May 24, 2007.
  • 3The filing details the aggregate principal amount of notes validly tendered and not withdrawn.
  • 4The press release announcing these results is included as an exhibit.
  • 5This event relates to the management of Tyco's outstanding debt obligations.

Frequently Asked Questions

The main purpose of this 8-K filing is to publicly announce the results of Tyco International Ltd.'s tender offers and consent solicitations for its various notes and those of its subsidiaries. It confirms the amount of debt that has been accepted through these offers.

The tender offers expired at 12:00 midnight, New York City time, on Thursday, May 24, 2007.

The specific details regarding the aggregate principal amount of notes validly tendered and not withdrawn are available in the press release issued by Tyco on May 25, 2007, which is attached as Exhibit 99.1 to this 8-K filing.

For investors, 'validly tendered and not validly withdrawn' means that the notes they offered in the tender solicitation were accepted by Tyco and are part of the principal amount reported. Notes that were validly tendered but subsequently withdrawn were not accepted.