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Ingersoll-Rand Plc -- Moody's affirms Ingersoll-Rand's Baa2 rating following spin-off plan announcement; outlook stable

Moody's Investors Service ("Moody's") affirmed all debt ratings of Ingersoll-Rand Global Hldg Co. Ltd ("IR-Global Holding"), Ingersoll-Rand Company and Ingersoll-Rand Luxembourg Finance S.A. including the senior unsecured at Baa2 and the short term rating at P-2 following the announcement of its plan to spin-off its reported Industrial segment. All of these entities are direct or indirect subsidiaries of Ingersoll-Rand Plc ("Ingersoll-Rand", or "IR").