CHARLOTTE, N.C., March 20, 2026 /PRNewswire/ -- Honeywell $(HON)$ today announced the applicable Reference Yield for each series of Securities (as defined below) 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 (i) for up to a maximum aggregate purchase price to be paid for the Dollar Securities validly tendered (excluding the accrued and unpaid interest on the Dollar Securities) of up to $4,670,000,000 (the "Dollar Total Maximum Amount" and, such offer to purchase, the "Dollar Tender Offer") and (ii) for up to an amended maximum aggregate purchase price to be paid for the Euro Securities validly tendered (excluding the accrued and unpaid interest on the Euro Securities) of up to EUR2,491,177,677.11 (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"), in order to accept for purchase all Euro Securities with Acceptance Priority Levels of 1 through 6 that were validly tendered in the Euro Tender Offer as of the Early Participation Date (as defined below). The Tender Offers are being made pursuant to the terms and subject to the conditions set forth in the offer to purchase, dated March 6, 2026, as modified by Honeywell's prior press release increasing the Dollar Total Maximum Amount and this press release increasing the Euro Total Maximum Amount (the "Offer to Purchase"). 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, the acceptance priority level (the "Acceptance Priority Level"), the applicable Reference Yield for each series of Securities (as determined in the manner described in the Offer to Purchase at 10:00 a.m., New York City time, on March 20, 2026), the applicable "Total Consideration" for each series of Securities, the principal amount tendered at or before 5:00 p.m., New York City time, on March 19, 2026 (the "Early Participation Date")(as previously announced) and the principal amount to be accepted for purchase by Honeywell. 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
Principal
Amount
Tendered as of Principal
Principal Acceptance the Early Amount to be
Title of Security Amount Priority Fixed Reference Total Participation Accepted for
Security Identifier(s) Outstanding Level Spread Yield Consideration Date Purchase
--------- -------------- --------------- ---------- ------ --------- ------------- -------------- ----------------
9.065% CUSIP:
Senior 019512AM4
Notes due ISIN:
2033 US019512AM47 $51,207,000 1 55 4.350 % $1,249.61 $10,837,000 $10,837,000
---------------
6.625% CUSIP:
Senior 438506AS6
Notes due ISIN:
2028 US438506AS66 $200,549,000 2 20 3.921 % $1,052.64 $59,913,000 $59,913,000
---------------
5.700% CUSIP:
Senior 438516AR7
Notes due ISIN:
2036 US438516AR73 $441,050,000 3 40 4.350 % $1,074.77 $215,458,000 $215,458,000
---------------
5.700% CUSIP:
Senior 438516AT3
Notes due ISIN:
2037 US438516AT30 $462,569,000 4 50 4.350 % $1,071.66 $241,340,000 $241,340,000
---------------
5.375% CUSIP:
Senior 438516BB1
Notes due ISIN:
2041 US438516BB13 $416,688,000 5 70 4.350 % $1,033.76 $221,036,000 $221,036,000
---------------
5.350% CUSIP:
Senior 438516CU8
Notes due ISIN:
2064 US438516CU84 $650,000,000 6 70 4.916 % $958.39 $460,755,000 $460,755,000
---------------
5.250% CUSIP:
Senior 438516CT1
Notes due ISIN:
2054 US438516CT12 $1,750,000,000 7 65 4.916 % $955.43 $1,212,870,000 $1,212,870,000
---------------
5.000% CUSIP:
Senior 438516CK0
Notes due ISIN:
2033 US438516CK03 $1,100,000,000 8 5 4.350 % $1,034.24 $640,408,000 $640,408,000
---------------
5.000% CUSIP:
Senior 438516CS3
Notes due ISIN:
2035 US438516CS39 $1,450,000,000 9 35 4.350 % $1,021.21 $933,002,000 $933,002,000
---------------
4.950% CUSIP:
Senior 438516CR5
Notes due ISIN:
2031 US438516CR55 $500,000,000 10 25 3.997 % $1,032.90 $273,539,000 $273,539,000
---------------
4.750% CUSIP:
Senior 438516CZ7
Notes due ISIN:
2032 US438516CZ71 $650,000,000 11 35 3.997 % $1,020.10 $397,451,000 $369,149,000
---------------
4.500% CUSIP:
Senior 438516CM6
Notes due ISIN:
2034 US438516CM68 $1,000,000,000 12 20 N/A N/A $620,200,000 $0
---------------
3.812% CUSIP:
Senior 438516BS4
Notes due ISIN:
2047 US438516BS48 $442,373,000 13 55 N/A N/A $145,000,000 $0
---------------
2.800% CUSIP:
Senior 438516CA2
Notes due ISIN:
2050 US438516CA21 $700,983,000 14 30 N/A N/A $123,334,000 $0
---------------
2.700% CUSIP:
Senior 438516BU9
Notes due ISIN:
2029 US438516BU93 $750,000,000 15 15 N/A N/A $417,653,000 $0
---------------
1.950% CUSIP:
Senior 438516BZ8
Notes due ISIN:
2030 US438516BZ80 $948,845,000 16 15 N/A N/A $401,631,000 $0
---------------
1.750% CUSIP:
Senior 438516CF1
Notes due ISIN:
2031 US438516CF18 $1,496,188,000 17 30 N/A N/A $838,350,000 $0
---------- --------------- --------------- -------------- --------------
Total $13,010,452,000 $7,212,777,000 $4,638,307,000
Table 2: Euro Securities Subject to The Euro Tender Offer
Principal
Amount
Tendered as of Principal
Acceptance the Early Amount to be
Title of Security Principal Amount Priority Fixed Reference Total Participation Accepted for
Security Identifier(s) Outstanding Level Spread Yield Consideration Date Purchase
-------------- -------------- ---------------- ---------- ------ --------- ------------- ---------------- ----------------
Common Code:
3.500% Senior 262493865
Notes due ISIN:
2027 XS2624938655 EUR650,000,000 1 20 2.591 % EUR1,007.84 EUR456,629,000 EUR456,629,000
---------------
Common Code:
2.250% Senior 136602691
Notes due ISIN:
2028 XS1366026919 EUR750,000,000 2 30 2.616 % EUR1,000.00 EUR455,871,000 EUR455,871,000
---------------
Common Code:
255190342
4.125% Senior ISIN:
Notes due 2034 XS2551903425 EUR1,000,000,000 3 70 2.969 % EUR1,032.25 EUR465,238,000 EUR465,238,000
---------------
Common Code:
262493873
3.750% Senior ISIN:
Notes due 2032 XS2624938739 EUR500,000,000 4 65 2.890 % EUR1,011.03 EUR322,147,000 EUR322,147,000
---------------
Common Code:
277689006
3.750% Senior ISIN:
Notes due 2036 XS2776890068 EUR750,000,000 5 75 3.014 % EUR998.93 EUR374,322,000 EUR374,322,000
---------------
Common Code:
277688999
3.375% Senior ISIN:
Notes due 2030 XS2776889995 EUR750,000,000 6 35 2.851 % EUR1,006.13 EUR392,826,000 EUR392,826,000
---------------
Common Code:
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March 20, 2026 14:30 ET (18:30 GMT)
