Honeywell Announces Executive Changes and Debt Issuance

Ticker: HON · Form: 8-K · Filed: 2025-04-08T00:00:00.000Z

Sentiment: neutral

Topics: executive-changes, debt-issuance, corporate-governance

TL;DR

Honeywell's board is shuffling, and they just issued a bunch of new debt.

AI Summary

Honeywell International Inc. announced on April 7, 2025, several executive and director changes, including the departure of a director and the election of a new director. The company also detailed compensatory arrangements for certain officers. Additionally, Honeywell issued various senior notes and a term loan, including A3500 Senior Notes due 2027 and Euro 2.25% Senior Notes due 2028.

Why It Matters

This filing indicates significant corporate governance updates and financial restructuring through debt issuance, which could impact investor confidence and the company's financial leverage.

Risk Assessment

Risk Level: medium — Changes in directors and officers, coupled with significant debt issuance, introduce potential risks related to leadership stability and financial obligations.

Key Numbers

Key Players & Entities

FAQ

Who departed from Honeywell's board of directors?

The filing indicates the departure of a director, though the specific name is not provided in the excerpt.

What new debt instruments did Honeywell issue?

Honeywell issued A3500 Senior Notes due 2027, Euro 2.25% Senior Notes due 2028, Euro 3.375% Senior Notes due 2030, Euro 75 Term Loan due 2032, A 3.750% Senior Notes due 2032, Euro 4.125% Senior Notes due 2034, and Euro 3.75% Senior Notes due 2036.

When was the report filed?

The report was filed as of April 8, 2025, with the date of the report being April 7, 2025.

What are the key items reported in this 8-K?

The key items include the departure of directors, election of directors, appointment of officers, compensatory arrangements, and financial statements/exhibits, along with debt issuances.

What is Honeywell's SIC code?

Honeywell's Standard Industrial Classification (SIC) code is 3724, which corresponds to Aircraft Engines & Engine Parts.

From the Filing

0000773840-25-000025.txt : 20250408 0000773840-25-000025.hdr.sgml : 20250408 20250408170634 ACCESSION NUMBER: 0000773840-25-000025 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20250407 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250408 DATE AS OF CHANGE: 20250408 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: 25822767 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-20250407.htm 8-K hon-20250407 FALSE 0000773840 0000773840 2025-04-07 2025-04-07 0000773840 us-gaap:CommonStockMember 2025-04-07 2025-04-07 0000773840 hon:A3500SeniorNotesDue2027Member 2025-04-07 2025-04-07 0000773840 hon:Euro225NotesDue2028Member 2025-04-07 2025-04-07 0000773840 hon:Euro3.375SeniorNotesDue2030Member 2025-04-07 2025-04-07 0000773840 hon:Euro75TermLoanDue2032Member 2025-04-07 2025-04-07 0000773840 hon:A3.750SeniorNotesDue2032Member 2025-04-07 2025-04-07 0000773840 hon:Euro4125SeniorNotesDue2034Member 2025-04-07 2025-04-07 0000773840 hon:Euro3.75SeniorNotesDue2036Member 2025-04-07 2025-04-07 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 7, 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 Rule 12b-2 of the Securities Exchange Act

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