Honeywell Issues New Debt Instruments
Ticker: HON · Form: 8-K · Filed: Aug 2, 2024 · CIK: 773840
| Field | Detail |
|---|---|
| Company | Honeywell International INC (HON) |
| Form Type | 8-K |
| Filed Date | Aug 2, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $1, $1,150,000,000, $1,000,000,000, $650,000,000, $700,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt-issuance, financing, financial-obligation
TL;DR
Honeywell just dropped a bunch of new debt – Euro notes and senior notes maturing between 2027 and 2036.
AI Summary
On August 1, 2024, Honeywell International Inc. filed an 8-K report detailing the creation of a direct financial obligation. This filing specifically references several debt instruments, including Euro Notes due in 2027, 2028, 2032, and Senior Notes due in 2030, 2034, and 2036, along with a Euro Term Loan due in 2032.
Why It Matters
This filing indicates Honeywell is raising capital through various debt issuances, which could impact its financial leverage and future investment capacity.
Risk Assessment
Risk Level: low — The filing is a standard disclosure of financial obligations and does not indicate any immediate adverse events.
Key Players & Entities
- HONEYWELL INTERNATIONAL INC (company) — Filer
- August 1, 2024 (date) — Report Date
- Euro Notes 3.50% Due 2027 (dollar_amount) — Debt Instrument
- Euro Notes 2.25% Due 2028 (dollar_amount) — Debt Instrument
- M 3.375% Senior Notes Due 2030 (dollar_amount) — Debt Instrument
- Euro 0.75% Term Loan Due 2032 (dollar_amount) — Debt Instrument
- Euro Notes 3.75% Due 2032 (dollar_amount) — Debt Instrument
- M 4.125% Senior Notes Due 2034 (dollar_amount) — Debt Instrument
- M 3.750% Senior Notes Due 2036 (dollar_amount) — Debt Instrument
FAQ
What is the primary purpose of this 8-K filing for Honeywell International Inc.?
The primary purpose is to report the creation of a direct financial obligation by the registrant, specifically detailing various debt instruments issued.
What specific debt instruments are mentioned in the filing?
The filing mentions Euro Notes due 2027, 2028, and 2032, Senior Notes due 2030, 2034, and 2036, and a Euro Term Loan due 2032.
On what date was this report filed and what is the effective date of the reported event?
The report was filed on August 2, 2024, and the date as of which the change occurred (effective date) is August 1, 2024.
What is Honeywell International Inc.'s Standard Industrial Classification (SIC) code?
Honeywell International Inc.'s SIC code is 3724, which corresponds to Aircraft Engines & Engine Parts.
What is the business address and phone number provided for Honeywell International Inc.?
The business address is 855 S. MINT STREET, CHARLOTTE, NC 28202, and the business phone number is 704-627-6200.
Filing Stats: 1,062 words · 4 min read · ~4 pages · Grade level 9 · Accepted 2024-08-01 20:51:33
Key Financial Figures
- $1 — ich registered Common Stock, par value $1 per share HON The Nasdaq Stock Mark
- $1,150,000,000 — ompany") completed a public offering of $1,150,000,000 aggregate principal amount of its 4.650
- $1,000,000,000 — nt of its 4.650% Senior Notes due 2027, $1,000,000,000 aggregate principal amount of its 4.700
- $650,000,000 — nt of its 4.700% Senior Notes due 2030, $650,000,000 aggregate principal amount of its 4.750
- $700,000,000 — of its 4.750% Senior Notes due 2032 and $700,000,000 aggregate principal amount of its 5.000
- $750,000,000 — 5.000% Senior Notes due 2035, of which $750,000,000 aggregate principal amount was issued o
Filing Documents
- d878618d8k.htm (8-K) — 41KB
- d878618dex45.htm (EX-4.5) — 42KB
- d878618dex46.htm (EX-4.6) — 42KB
- d878618dex47.htm (EX-4.7) — 41KB
- d878618dex51.htm (EX-5.1) — 12KB
- g878618g0802021733718.jpg (GRAPHIC) — 2KB
- 0001193125-24-191800.txt ( ) — 410KB
- hon-20240801.xsd (EX-101.SCH) — 5KB
- hon-20240801_def.xml (EX-101.DEF) — 15KB
- hon-20240801_lab.xml (EX-101.LAB) — 26KB
- hon-20240801_pre.xml (EX-101.PRE) — 16KB
- d878618d8k_htm.xml (XML) — 12KB
01 Financial Statements and Exhibits
ITEM 9.01 Financial Statements and Exhibits . A copy of the opinion of the Vice President and Corporate Secretary of Honeywell International Inc. relating to the legality of the issuance and sale of the Company's Notes is attached as Exhibits 5.1 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 4.650% Senior Note Due 2027. Exhibit 4.6 Form of 4.700% Senior Note Due 2030. Exhibit 4.7 Form of 4.750% Senior Note Due 2032. Exhibit 4.8 Form of 5.000% Senior Note Due 2035 (incorporated by reference to Exhibit 4.9 of Honeywell's Form 8-K filed March 1, 2024). Exhibit 5.1 Opinion of Vice President and Corporate Secretary of Honeywell International Inc. with respect to the Notes. Exhibit 23.1 Consent of Vice President and Corporate Secretary of Honeywell International Inc. with respect to the Notes (included in Exhibit 5.1 hereto). Exhibit 104 Cover Page Interactive Data File-the cover page XBRL tags are embedded within the Inlin