Eaton Corporation PLC is a century-old global manufacturer of electrical equipment, from the heavy infrastructure used in data centres to the circuit breakers in your home’s fuseboard. The group’s parent company is registered and headquartered in Ireland and listed on the New York Stock Exchange. Eaton has a US-based CEO and $27.4 billion (€23.6 billion) in annual sales in 180 countries. Last year, the Irish group subsidiary Eaton Capital Unltd, which raises bonds on international markets to finance the business, booked $111.3 million in interest payable on external loans. It booked another $129.1 million on loans received from fellow group…

Want to continue reading?

Celebrate with us – 7 years of The Currency

Unlock full access to The Currency and The Wall Street Journal with an annual membership and receive a FREE Samsonite Spectrolite Briefcase – worth €175 delivered to your door.

Subscribe

Cancel at any time.

Are you already a member? .