Carrier Global Corp. Files 8-K
Ticker: CARR · Form: 8-K · Filed: Oct 28, 2024 · CIK: 1783180
| Field | Detail |
|---|---|
| Company | Carrier Global CORP (CARR) |
| Form Type | 8-K |
| Filed Date | Oct 28, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, debt, filing
Related Tickers: CARR
TL;DR
Carrier Global filed an 8-K, no major news yet, just debt listings.
AI Summary
Carrier Global Corp. filed an 8-K on October 28, 2024, to report other events. The filing does not contain specific details about the nature of these events, dollar amounts, or new agreements, but it does list various debt instruments including notes due in 2025, 2028, and 2032.
Why It Matters
This filing indicates that Carrier Global Corp. has made an official submission to the SEC, which may contain important updates for investors, though specific details are not immediately apparent from the provided text.
Risk Assessment
Risk Level: low — The filing is a standard 8-K reporting 'Other Events' without disclosing specific material information, suggesting no immediate significant risk or opportunity.
Key Players & Entities
- CARRIER GLOBAL Corp (company) — Filer
- 0000950142-24-002638 (filing_id) — Accession Number
- 20241028 (date) — Filing Date
- Sec4.375NotesDue2025 (debt_instrument) — Debt Offering
- Sec4.125NotesDue2028 (debt_instrument) — Debt Offering
- Sec4.500NotesDue2032 (debt_instrument) — Debt Offering
FAQ
What specific 'Other Events' are being reported by Carrier Global Corp. in this 8-K filing?
The provided text of the 8-K filing does not specify the nature of the 'Other Events' being reported.
When was this 8-K filing submitted to the SEC?
This 8-K filing was submitted on October 28, 2024.
What are the listed debt instruments mentioned in the filing?
The filing mentions 'Sec4.375NotesDue2025', 'Sec4.125NotesDue2028', and 'Sec4.500NotesDue2032'.
What is Carrier Global Corp.'s Central Index Key (CIK)?
Carrier Global Corp.'s Central Index Key (CIK) is 0001783180.
What is Carrier Global Corp.'s primary business as indicated by its SIC code?
Carrier Global Corp.'s Standard Industrial Classification (SIC) code is 3585, which corresponds to 'AIR COND & WARM AIR HEATING EQUIP & COMM & INDL REFRIG EQUIP'.
Filing Stats: 774 words · 3 min read · ~3 pages · Grade level 13 · Accepted 2024-10-28 08:16:26
Key Financial Figures
- $0.01 — nge on which registered Common Stock ($0.01 par value) CARR New York Stock Exch
Filing Documents
- eh240548629_8k.htm (8-K) — 33KB
- 0000950142-24-002638.txt ( ) — 253KB
- carr-20241028.xsd (EX-101.SCH) — 4KB
- carr-20241028_def.xml (EX-101.DEF) — 27KB
- carr-20241028_lab.xml (EX-101.LAB) — 37KB
- carr-20241028_pre.xml (EX-101.PRE) — 25KB
- eh240548629_8k_htm.xml (XML) — 7KB
01
Item 8.01 Other Events On October 28, 2024, Carrier Global Corporation (the " Company ") delivered a conditional notice of redemption (the " Redemption Notice ") to holders of the Company's 4.375% Notes due 2025 (the " Euro 2025 Notes "), providing for the redemption for cash by the Company (the " Redemption ") of all 750,000,000 of the outstanding Euro 2025 Notes on November 8, 2024 (the " Redemption Date "). The Euro 2025 Notes will be redeemed at a redemption price equal to the greater of: (1) (a) the sum of the present values of the remaining scheduled payments of principal and interest on the Euro 2025 Notes discounted to the Redemption Date on an annual basis (ACTUAL/ACTUAL (ICMA)) at the comparable government bond rate plus 20 basis points less (b) interest accrued to the Redemption Date, and (2) 100% of the principal amount of the Euro 2025 Notes, plus, in either case, accrued and unpaid interest to the Redemption Date. The Company intends to finance the Redemption with the proceeds of a private offering that the Company commenced on October 28, 2024 of 750,000,000 aggregate principal amount of euro-denominated notes due 2037 (the " Offering "), together with cash on hand. The Offering is being made only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the " Securities Act "), or, outside the United States, to persons other than "U.S. persons" in compliance with Regulation S under the Securities Act. This Current Report on Form 8-K does not constitute an offer to sell or the solicitation of an offer to buy the notes. Any offers of the notes will be made only by means of a private offering memorandum. The notes have not been and will not be registered under the Securities Act or the securities laws of any other jurisdiction, and may not be offered or sold in the United States without registration or an applicable exemption from registration requirements. The Redemp