Honeywell Issues New Debt and Term Loan

Ticker: HON · Form: 8-K · Filed: 2025-04-01T00:00:00.000Z

Sentiment: neutral

Topics: debt-issuance, financing, notes, term-loan

TL;DR

Honeywell just dropped a bunch of new debt across Euros and USD, check the maturity dates.

AI Summary

Honeywell International Inc. announced on April 1, 2025, the issuance of new senior notes and a term loan facility. This includes €225 million in notes due 2028, €3.375 billion in notes due 2030, €4.125 billion in notes due 2034, and €3.75 billion in notes due 2036, along with a €75 million term loan due 2032. The company also issued A3500 Senior Notes due 2027 and A3.750 Senior Notes due 2032.

Why It Matters

This filing indicates Honeywell is raising significant capital through various debt instruments, which could be for acquisitions, expansion, or refinancing existing debt.

Risk Assessment

Risk Level: medium — Issuing new debt can increase financial leverage and interest expenses, impacting profitability and cash flow.

Key Numbers

Key Players & Entities

FAQ

What is the total principal amount of debt being issued by Honeywell?

The filing details multiple issuances including €225 million, €3.375 billion, €4.125 billion, €3.75 billion in Euro notes, and a €75 million Euro term loan, plus USD denominated notes.

What are the maturity dates for the new Euro notes?

The Euro notes have maturity dates in 2028 (€225 million), 2030 (€3.375 billion), 2034 (€4.125 billion), and 2036 (€3.75 billion).

What is the purpose of this debt issuance?

The filing does not explicitly state the purpose of the debt issuance, but it is common for such capital raises to fund operations, acquisitions, or refinance existing debt.

When was this debt issuance filed with the SEC?

This Form 8-K was filed on April 1, 2025.

Are there any USD denominated debt issuances mentioned?

Yes, the filing mentions 'A3500 Senior Notes Due 2027' and 'A3.750 Senior Notes Due 2032', indicating USD denominated debt.

From the Filing

0000773840-25-000019.txt : 20250401 0000773840-25-000019.hdr.sgml : 20250401 20250401083616 ACCESSION NUMBER: 0000773840-25-000019 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20250401 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250401 DATE AS OF CHANGE: 20250401 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 EIN: 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: 25796828 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-20250401.htm 8-K hon-20250401 FALSE 0000773840 0000773840 2025-04-01 2025-04-01 0000773840 us-gaap:CommonStockMember 2025-04-01 2025-04-01 0000773840 hon:A3500SeniorNotesDue2027Member 2025-04-01 2025-04-01 0000773840 hon:Euro225NotesDue2028Member 2025-04-01 2025-04-01 0000773840 hon:Euro3.375SeniorNotesDue2030Member 2025-04-01 2025-04-01 0000773840 hon:Euro75TermLoanDue2032Member 2025-04-01 2025-04-01 0000773840 hon:A3.750SeniorNotesDue2032Member 2025-04-01 2025-04-01 0000773840 hon:Euro4125SeniorNotesDue2034Member 2025-04-01 2025-04-01 0000773840 hon:Euro3.75SeniorNotesDue2036Member 2025-04-01 2025-04-01 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 – April 1, 2025 (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

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