Lennox International completes $950 million debt refinancing

Client(s) Lennox International Inc.

Jones Day represented Lennox International Inc. (LII), a global provider of climate control solutions for the heating, air conditioning, and refrigeration markets, in connection with a $950 million debt refinancing consisting of a $650 million revolving credit facility and $300 million term loan. The proceeds were used to refinance LII’s existing revolver and the short term financing LII recently obtained to fund its accelerated share repurchase transaction. JPMorgan Chase Bank, National Association acted as administrative agent. Bank of America, N.A.; Wells Fargo Bank, N.A.; and The Bank of Tokyo – Mitsubishi UFJ, LTD acted as syndication agents.