CHARLOTTE, N.C., March 20, 2026 /PRNewswire/ -- Honeywell $(HON)$ today announced the results as of 5:00 p.m., New York City time, on March 19, 2026 (the "Early Participation Date"), for its previously announced offers to purchase for cash the securities listed in Table 1 below (collectively, the "Dollar Securities") and the securities listed in Table 2 below (collectively, the "Euro Securities" and, together with the Dollar Securities, the "Securities") issued by Honeywell. Honeywell has amended the terms of its offer to purchase the Dollar Securities for cash by increasing the Dollar Total Maximum Amount from $3,750,000,000 to $4,670,000,000 (as so amended, the "Dollar Total Maximum Amount" and, such offer to purchase, the "Dollar Tender Offer"). Honeywell intends to amend the terms of its offer to purchase the Euro Securities for cash by increasing the Euro Total Maximum Amount so that Honeywell will accept for purchase all Euro Securities that were validly tendered in the Euro Tender Offer as of the Early Participation Date with an Acceptance Priority Level (as defined below) of 1 through 6 (as so amended, the "Euro Total Maximum Amount" and, such offer to purchase, the "Euro Tender Offer" and, together with the Dollar Tender Offer, the "Tender Offers" and each, a "Tender Offer"). The amended Euro Total Maximum Amount will be announced following the Reference Yield Determination Date (as defined below). All other terms and conditions set forth in the offer to purchase, dated March 6, 2026 (as it may be amended or supplemented from time to time, the "Offer to Purchase") remain unchanged. Capitalized terms used but not defined in this announcement have the meanings given to them in the Offer to Purchase.
The tables below outline the title and identifiers for each series of Securities, the principal amount outstanding as of the Early Participation Date, the acceptance priority level (the "Acceptance Priority Level"), and the principal amount tendered at or before the Early Participation Date as confirmed by the Information and Tender Agent (as defined below). Withdrawal rights for the Tender Offers expired at 5:00 p.m., New York City time, on March 19, 2026, and have not been extended.
Table 1: Dollar Securities Subject To The Dollar Tender Offer
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Principal
Amount
Tendered as of
Principal Acceptance the Early
Title of Security Amount Priority Participation
Security Identifier(s) Outstanding Level Date
-------------- -------------- --------------- ---------- --------------
CUSIP:
9.065% Senior 019512AM4
Notes due ISIN:
2033 US019512AM47 $51,207,000 1 $10,837,000
---------------
CUSIP:
6.625% Senior 438506AS6
Notes due ISIN:
2028 US438506AS66 $200,549,000 2 $59,913,000
---------------
CUSIP:
5.700% Senior 438516AR7
Notes due ISIN:
2036 US438516AR73 $441,050,000 3 $215,458,000
---------------
CUSIP:
5.700% Senior 438516AT3
Notes due ISIN:
2037 US438516AT30 $462,569,000 4 $241,340,000
---------------
CUSIP:
5.375% Senior 438516BB1
Notes due ISIN:
2041 US438516BB13 $416,688,000 5 $221,036,000
---------------
CUSIP:
5.350% Senior 438516CU8
Notes due ISIN:
2064 US438516CU84 $650,000,000 6 $460,755,000
---------------
CUSIP:
5.250% Senior 438516CT1
Notes due ISIN:
2054 US438516CT12 $1,750,000,000 7 $1,212,870,000
---------------
CUSIP:
5.000% Senior 438516CK0
Notes due ISIN:
2033 US438516CK03 $1,100,000,000 8 $640,408,000
---------------
CUSIP:
5.000% Senior 438516CS3
Notes due ISIN:
2035 US438516CS39 $1,450,000,000 9 $933,002,000
---------------
CUSIP:
4.950% Senior 438516CR5
Notes due ISIN:
2031 US438516CR55 $500,000,000 10 $273,539,000
---------------
CUSIP:
4.750% Senior 438516CZ7
Notes due ISIN:
2032 US438516CZ71 $650,000,000 11 $397,451,000
---------------
CUSIP:
4.500% Senior 438516CM6
Notes due ISIN:
2034 US438516CM68 $1,000,000,000 12 $620,200,000
---------------
CUSIP:
3.812% Senior 438516BS4
Notes due ISIN:
2047 US438516BS48 $442,373,000 13 $145,000,000
---------------
CUSIP:
2.800% Senior 438516CA2
Notes due ISIN:
2050 US438516CA21 $700,983,000 14 $123,334,000
---------------
CUSIP:
2.700% Senior 438516BU9
Notes due ISIN:
2029 US438516BU93 $750,000,000 15 $417,653,000
---------------
CUSIP:
1.950% Senior 438516BZ8
Notes due ISIN:
2030 US438516BZ80 $948,845,000 16 $401,631,000
---------------
CUSIP:
1.750% Senior 438516CF1
Notes due ISIN:
2031 US438516CF18 $1,496,188,000 17 $838,350,000
--------------- --------------- --------------- --------------
Total $13,010,452,000 $7,212,777,000
Table 2: Euro Securities Subject to The Euro Tender Offer
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Principal Amount
Tendered as of
Acceptance the Early
Title of Security Principal Amount Priority Participation
Security Identifier(s) Outstanding Level Date
--------------- --------------- ---------------- ---------- ----------------
Common Code:
3.500% Senior 262493865
Notes due ISIN:
2027 XS2624938655 EUR650,000,000 1 EUR456,629,000
---------------
Common Code:
2.250% Senior 136602691
Notes due ISIN:
2028 XS1366026919 EUR750,000,000 2 EUR455,871,000
---------------
Common Code:
4.125% Senior 255190342
Notes due ISIN:
2034 XS2551903425 EUR1,000,000,000 3 EUR465,238,000
---------------
Common Code:
3.750% Senior 262493873
Notes due ISIN:
2032 XS2624938739 EUR500,000,000 4 EUR322,147,000
---------------
Common Code:
3.750% Senior 277689006
Notes due ISIN:
2036 XS2776890068 EUR750,000,000 5 EUR374,322,000
---------------
Common Code:
3.375% Senior 277688999
Notes due ISIN:
2030 XS2776889995 EUR750,000,000 6 EUR392,826,000
---------------
Common Code:
0.750% Senior 212609404
Notes due ISIN:
2032 XS2126094049 EUR500,000,000 7 EUR137,018,000
--------------- --------------- ---------------- ----------------
Total EUR4,900,000,000 EUR2,604,051,000
On March 6, 2026, Honeywell announced that it had issued a conditional notice
of full redemption to redeem all EUR650,000,000 in outstanding principal
amount of its 3.500% Notes (the "3.500% Notes"). On March 10, Honeywell issued
a notice of full redemption to redeem all EUR750,000,000 in outstanding
principal amount of its 2.250% Notes (the "2.250% Notes"). As of the date of
this press release, the Redemption Condition for the redemption of the 3.500%
Notes has been satisfied. To the extent any 3.500% Notes and any 2.250% Notes
have not previously been validly tendered and accepted for purchase in the
Euro Tender Offer, such Securities will be redeemed on April 10, 2026. This
press release does not constitute a notice of redemption of the 3.500% Notes
or the 2.250% Notes. The conditional redemption of the 3.500% Notes and the
redemption of the 2.250% Notes are being made solely pursuant to separately
issued notices of redemption delivered pursuant to the indenture governing
such Securities.
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March 20, 2026 08:00 ET (12:00 GMT)
