Fri, Aug 2, 10:06 AM (188 days ago)
On August 1, 2024, Honeywell International Inc. completed a public offering of senior notes totaling $3.5 billion. The offering included $1.15 billion of 4.650% Senior Notes due 2027, $1 billion of 4.700% Senior Notes due 2030, $650 million of 4.750% Senior Notes due 2032, and $700 million of 5.000% Senior Notes due 2035. The 2035 notes are a further issuance of previously issued notes, making them fungible and treated as a single series with the existing notes. The issuance was pursuant to the company's shelf registration statement filed on October 22, 2021. This event creates a direct financial obligation for Honeywell, potentially impacting its financial position and stock value.