Nachrichten May 15, 2019

Eaton’s €1.1 Billion Notes Offering

Shearman & Sterling represented Barclays Bank PLC, Citigroup Global Markets Limited and Morgan Stanley & Co. International plc, as joint book-running managers, and the co-managers in connection with Eaton Capital Unlimited Company’s offering of €600 million aggregate principal amount of 0.021% guaranteed notes due 2021 and €500 million aggregate principal amount of 0.697% guaranteed notes due 2025. The guaranteed notes are listed on Euronext Dublin and were offered outside the United States pursuant to Regulation S under the Securities Act.

Eaton Capital Unlimited Company is a subsidiary of Eaton Corporation plc (NYSE: ETN), a power management company with 2018 sales of $21.6 billion. Eaton provides energy-efficient solutions that help its customers effectively manage electrical, hydraulic and mechanical power more efficiently, safely and sustainably. Eaton is dedicated to improving the quality of life and the environment through the use of power management technologies and services. Eaton has approximately 99,000 employees and sells products to customers in more than 175 countries.

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