Honeywell Aerospace prices USD 16 billion senior notes offering ahead of planned spin-off

Reuters03-11
Honeywell Aerospace prices USD 16 billion senior notes offering ahead of planned spin-off

Honeywell said Honeywell Aerospace priced a private offering of senior unsecured notes totaling USD 16 billion in connection with its planned spin-off. The issuance includes USD 10 billion of fixed-rate senior notes due 2028 to 2036 and USD 0.5 billion of floating-rate senior notes due 2029. It also includes USD 6 billion of fixed-rate senior notes due 2046, 2056 and 2066 that will be issued to Honeywell and delivered to selling noteholders. Honeywell said the new-money proceeds are intended for a cash distribution to Honeywell before the spin-off and for related fees and general corporate purposes. The notes will be guaranteed by Honeywell until the spin-off is completed, after which the guarantee will be automatically released.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Honeywell International Incorporation published the original content used to generate this news brief via PR Newswire (Ref. ID: 202603102021PR_NEWS_USPR_____NY07167) on March 11, 2026, and is solely responsible for the information contained therein.

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