Honeywell Reports New Debt Obligations
Ticker: HON · Form: 8-K · Filed: Mar 1, 2024 · CIK: 773840
| Field | Detail |
|---|---|
| Company | Honeywell International INC (HON) |
| Form Type | 8-K |
| Filed Date | Mar 1, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $1, $500,000,000, $750,000,000, $1,750,000,000, $650,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt, financing, disclosure
TL;DR
Honeywell just filed an 8-K about new debt – check the maturity dates and rates.
AI Summary
On March 1, 2024, Honeywell International Inc. filed an 8-K report detailing the creation of a direct financial obligation. This filing specifically mentions several series of senior notes, including "M0.000 Senior Notes Due 2024", "Euro Notes 3.50% Due 2027", and "M2.250 Senior Notes Due 2028", among others, indicating new or existing debt arrangements.
Why It Matters
This filing indicates changes in Honeywell's debt structure, which could impact its financial leverage and future borrowing capacity.
Risk Assessment
Risk Level: low — The filing is a standard disclosure of financial obligations and does not indicate any immediate negative events.
Key Players & Entities
- HONEYWELL INTERNATIONAL INC (company) — Filer
- March 1, 2024 (date) — Date of earliest event reported
- M0.000 Senior Notes Due 2024 (dollar_amount) — Specific debt instrument
- Euro Notes 3.50% Due 2027 (dollar_amount) — Specific debt instrument
- M2.250 Senior Notes Due 2028 (dollar_amount) — Specific debt instrument
FAQ
What specific financial obligations are detailed in this 8-K filing?
The filing details several series of senior notes, including "M0.000 Senior Notes Due 2024", "Euro Notes 3.50% Due 2027", "M2.250 Senior Notes Due 2028", "M0.750 Senior Notes Due 2032", "M3.750 Senior Notes Due 2032", and "Euro Notes 4.125% Due 2034".
What is the date of the earliest event reported in this filing?
The date of the earliest event reported is March 1, 2024.
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to report the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement of the registrant.
What is Honeywell International Inc.'s Central Index Key (CIK)?
Honeywell International Inc.'s Central Index Key is 0000773840.
What is Honeywell's Standard Industrial Classification (SIC) code?
Honeywell's Standard Industrial Classification code is 3724, which corresponds to Aircraft Engines & Engine Parts.
Filing Stats: 1,028 words · 4 min read · ~3 pages · Grade level 8.1 · Accepted 2024-03-01 16:16:08
Key Financial Figures
- $1 — ich registered Common Stock, par value $1 per share HON The Nasdaq Stock Mark
- $500,000,000 — 36 (collectively, the "Euro Notes") and $500,000,000 aggregate principal amount of its 4.875
- $750,000,000 — nt of its 4.950% Senior Notes due 2031, $750,000,000 aggregate principal amount of its 5.000
- $1,750,000,000 — nt of its 5.000% Senior Notes due 2035, $1,750,000,000 aggregate principal amount of its 5.250
- $650,000,000 — of its 5.250% Senior Notes due 2054 and $650,000,000 aggregate principal amount of its 5.350
Filing Documents
- d788022d8k.htm (8-K) — 42KB
- d788022dex45.htm (EX-4.5) — 59KB
- d788022dex46.htm (EX-4.6) — 60KB
- d788022dex47.htm (EX-4.7) — 40KB
- d788022dex48.htm (EX-4.8) — 40KB
- d788022dex49.htm (EX-4.9) — 42KB
- d788022dex410.htm (EX-4.10) — 39KB
- d788022dex411.htm (EX-4.11) — 40KB
- d788022dex51.htm (EX-5.1) — 14KB
- d788022dex52.htm (EX-5.2) — 11KB
- g788022g0301155029687.jpg (GRAPHIC) — 2KB
- 0001193125-24-055985.txt ( ) — 674KB
- hon-20240301.xsd (EX-101.SCH) — 5KB
- hon-20240301_def.xml (EX-101.DEF) — 15KB
- hon-20240301_lab.xml (EX-101.LAB) — 25KB
- hon-20240301_pre.xml (EX-101.PRE) — 16KB
- d788022d8k_htm.xml (XML) — 11KB
01 Financial Statements and Exhibits
ITEM 9.01 Financial Statements and Exhibits . Copies of the opinions of the Deputy General Counsel of Honeywell International Inc. relating to the legality of the issuance and sale of the Company's Notes are attached as Exhibits 5.1 and 5.2 hereto. (d) Exhibits. Exhibit 4.1 Indenture dated as of March 1, 2007 between Honeywell International Inc. and Deutsche Bank Trust Company Americas, as trustee (incorporated by reference to Exhibit 4.1 of Honeywell's Registration Statement on Form S-3 (File No. 333-141013), filed March 1, 2007). Exhibit 4.2 First Supplemental Indenture dated as of October 27, 2017 between Honeywell International Inc. and Deutsche Bank Trust Company Americas, as trustee (incorporated by reference to Exhibit 4.2 of Honeywell's Form 8-K filed October 30, 2017). Exhibit 4.3 Second Supplemental Indenture dated as of March 10, 2020 between Honeywell International Inc. and Deutsche Bank Trust Company Americas, as trustee (incorporated by reference to Exhibit 4.3 of Honeywell's Form 8-K filed March 10, 2020). Exhibit 4.4 Third Supplemental Indenture dated as of October 22, 2021 between Honeywell International Inc. and Deutsche Bank Trust Company Americas, as trustee (incorporated by reference to Exhibit 4.8 of Honeywell's Form S-3 filed October 22, 2021). Exhibit 4.5 Form of 3.375% Senior Note Due 2030. Exhibit 4.6 Form of 3.750% Senior Note Due 2036. Exhibit 4.7 Form of 4.875% Senior Note Due 2029. Exhibit 4.8 Form of 4.950% Senior Note Due 2031. Exhibit 4.9 Form of 5.000% Senior Note Due 2035. Exhibit 4.10 Form of 5.250% Senior Note Due 2054. Exhibit 4.11 Form of 5.350% Senior Note Due 2064. Exhibit 5.1 Opinion of Deputy General Counsel of Honeywell International Inc. with respect to the Euro Notes. Exhibit 5.2 Opinion of Deputy General Counsel of Honeywell International Inc. with respect to the U.S. Notes. Exhibit 23.1 Consent of Deputy General Counsel of Honeywell International Inc. with res