Honeywell Files 8-K on Financing Activities

Ticker: HON · Form: 8-K · Filed: 2024-06-03T00:00:00.000Z

Sentiment: neutral

Topics: financing, debt, notes, term-loan

TL;DR

Honeywell just dropped an 8-K on new debt issuances and a term loan – check the maturity dates!

AI Summary

On June 3, 2024, Honeywell International Inc. filed an 8-K report detailing several financing transactions. These include the issuance of new senior notes and a term loan, with specific amounts and maturity dates such as the Euro 75 Term Loan Due 2032 and various Euro-denominated senior notes maturing between 2027 and 2036.

Why It Matters

This filing indicates Honeywell is actively managing its debt structure, potentially for strategic investments, refinancing existing debt, or general corporate purposes.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of financing activities and does not indicate any immediate operational or financial distress.

Key Numbers

Key Players & Entities

FAQ

What is the total principal amount of the new financing raised by Honeywell?

The filing does not explicitly state the total principal amount raised, but lists several specific debt instruments including Euro 75 Term Loan Due 2032 and various Euro-denominated senior notes.

What are the specific interest rates for the new senior notes?

The filing mentions interest rates for some notes, such as Euro 3.375 Senior Notes Due 2030 and Euro 3.75 Senior Notes Due 2036.

What is the purpose of these new financing activities?

The filing states the proceeds will be used for general corporate purposes, which may include refinancing existing debt or funding strategic initiatives.

When were these financing transactions completed?

The report is dated June 3, 2024, and the listed financing instruments (e.g., A3500 Senior Notes Due 2027, Euro 75 Term Loan Due 2032) are associated with this date, indicating recent activity.

Does this filing relate to any acquisitions or divestitures?

No, this 8-K filing specifically pertains to the company's financial condition and results of operations, detailing debt issuances and a term loan, not acquisitions or divestitures.

From the Filing

0000773840-24-000066.txt : 20240603 0000773840-24-000066.hdr.sgml : 20240603 20240603070713 ACCESSION NUMBER: 0000773840-24-000066 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20240603 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240603 DATE AS OF CHANGE: 20240603 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HONEYWELL INTERNATIONAL INC CENTRAL INDEX KEY: 0000773840 STANDARD INDUSTRIAL CLASSIFICATION: AIRCRAFT ENGINES & ENGINE PARTS [3724] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 222640650 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-08974 FILM NUMBER: 241011968 BUSINESS ADDRESS: STREET 1: 855 S. MINT STREET CITY: CHARLOTTE STATE: NC ZIP: 28202 BUSINESS PHONE: 704-627-6200 MAIL ADDRESS: STREET 1: 855 S. MINT STREET CITY: CHARLOTTE STATE: NC ZIP: 28202 FORMER COMPANY: FORMER CONFORMED NAME: ALLIEDSIGNAL INC DATE OF NAME CHANGE: 19940929 8-K 1 hon-20240603.htm 8-K hon-20240603 FALSE 0000773840 0000773840 2024-06-03 2024-06-03 0000773840 us-gaap:CommonStockMember 2024-06-03 2024-06-03 0000773840 hon:A3500SeniorNotesDue2027Member 2024-06-03 2024-06-03 0000773840 hon:Euro225NotesDue2028Member 2024-06-03 2024-06-03 0000773840 hon:Euro3.375SeniorNotesDue2030Member 2024-06-03 2024-06-03 0000773840 hon:Euro75TermLoanDue2032Member 2024-06-03 2024-06-03 0000773840 hon:A3750SeniorNotesDue2032Member 2024-06-03 2024-06-03 0000773840 hon:Euro4125SeniorNotesDue2034Member 2024-06-03 2024-06-03 0000773840 hon:Euro3.75SeniorNotesDue2036Member 2024-06-03 2024-06-03 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549   Form 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 DATE OF REPORT – June 3, 2024 (Date of earliest event reported)   HONEYWELL INTERNATIONAL INC . (Exact name of Registrant as specified in its Charter)   Delaware 1-8974 22-2640650 (State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification Number) 855 S. MINT STREET , CHARLOTTE , NC .................................................. 28202 ...... (Address of principal executive offices) ................................................. (Zip Code)  Registrant’s telephone number, including area code: ( 704 ) 627-6200 Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:  ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $1 per share HON The Nasdaq Stock Market LLC 3.500% Senior Notes due 2027 HON 27 The Nasdaq Stock Market LLC 2.250% Senior Notes due 2028 HON 28A The Nasdaq Stock Market LLC 3.375% Senior Notes due 2030 HON 30 The Nasdaq Stock Market LLC 0.750% Senior Notes due 2032 HON 32 The Nasdaq Stock Market LLC 3.750% Senior Notes due 2032 HON 32A The Nasdaq Stock Market LLC 4.125% Senior Notes due 2034 HON 34 The Nasdaq Stock Market LLC 3.750% Senior Notes due 2036 HON 36 The Nasdaq Stock Market LLC   Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging

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