Otis Worldwide Files 8-K on Financials and Notes

TL;DR

Otis dropped an 8-K detailing debt notes due 2026-2031 and common stock info.

AI Summary

Otis Worldwide Corporation filed an 8-K on September 4, 2025, reporting events that occurred on September 2, 2025. The filing primarily concerns financial statements and exhibits, with specific mention of various notes due in 2026, 2027, and 2031, and common stock.

Why It Matters

This filing provides updated financial information and details about outstanding debt instruments, which are crucial for investors to assess the company's financial health and debt structure.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of financial information and debt instruments, not indicating any immediate or significant operational or financial distress.

Key Numbers

• 2027 — Notes Due (Maturity year for a specific debt issuance.)
• 2026 — Notes Due (Maturity year for a specific debt issuance.)
• 2031 — Notes Due (Maturity year for a specific debt issuance.)

Key Players & Entities

• Otis Worldwide Corporation (company) — Registrant
• 0001781335 (company) — Central Index Key
• 833789412 (company) — EIN
• Delaware (company) — State of Incorporation
• One Carrier Place Farmington, Connecticut 06032 (company) — Principal Executive Offices
• 8606743000 (company) — Business Phone
• 2025-09-02 (date) — Earliest event reported
• 2025-09-04 (date) — Date of Report
• otis:Two875NotesDue2027Member (dollar_amount) — Debt Instrument
• otis:Zero318NotesDue2026Member (dollar_amount) — Debt Instrument

FAQ

Key Financial Figures

• $0.01 — nge on which registered Common Stock ($0.01 par value) OTIS New York Stock Exch
• $500 million — e Corporation (the " Company ") issued $500 million aggregate principal amount of its 5.131
• $495.2 million — nses, are estimated to be approximately $495.2 million. The Company intends to use the net pro
• $147 million — ), of which 21.5 billion (approximately $147 million as of June 30, 2025) principal amount i
• $2,000 — were issued in minimum denominations of $2,000 and any integral multiple of $1,000 in
• $1,000 — of $2,000 and any integral multiple of $1,000 in excess thereof. The Otis Indenture

Filing Documents

• ny20054558x4_8k.htm (8-K) — 45KB
• ny20054558x4_ex1-1.htm (EX-1.1) — 135KB
• ny20054558x4_ex4-2.htm (EX-4.2) — 94KB
• ny20054558x4_ex5-1.htm (EX-5.1) — 37KB
• ny20054558x4_img01.jpg (GRAPHIC) — 746KB
• ny20054558x4_img02.jpg (GRAPHIC) — 19KB
• 0001140361-25-033998.txt ( ) — 2585KB
• otis-20250902.xsd (EX-101.SCH) — 5KB
• otis-20250902_def.xml (EX-101.DEF) — 18KB
• otis-20250902_lab.xml (EX-101.LAB) — 27KB
• otis-20250902_pre.xml (EX-101.PRE) — 20KB
• ny20054558x4_8k_htm.xml (XML) — 8KB

01. Other Events

Item 8.01. Other Events. On September 4, 2025, Otis Worldwide Corporation (the " Company ") issued $500 million aggregate principal amount of its 5.131% Notes due 2035 (the " Otis Notes "). The Otis Notes were registered under the Securities Act of 1933, as amended (the " Act "), pursuant to the Company's Registration Statement on Form S-3ASR (File No. 333-270834) (the " Registration Statement ") filed on March 24, 2023. On September 4, 2025, the Company filed with the SEC a Prospectus Supplement dated September 2, 2025 (the " Otis Prospectus Supplement ") containing the final terms of the Otis Notes pursuant to Rule 424(b)(2) of the Act. In connection with the offer and sale of the Otis Notes, the Company entered into an Underwriting Agreement, dated September 2, 2025 (the " Otis Underwriting Agreement "), with BofA Securities, Inc., Citigroup Global Markets Inc. and Goldman Sachs & Co. LLC, as representatives of the underwriters named in Schedule A thereto. A copy of the Otis Underwriting Agreement has been filed as exhibit 1.1 to this Current Report and is incorporated herein by reference. The Otis Notes were issued under the Indenture, dated as of February 27, 2020 (the " Otis Base Indenture "), as supplemented by the Supplemental Indenture No. 5, dated as of September 4, 2025 (the " Otis Supplemental Indenture " and, the Otis Base Indenture as supplemented by the Otis Supplemental Indenture, the " Otis Indenture "), in each case between the Company and The Bank of New York Mellon Trust Company, N.A., as trustee. The Otis Base Indenture, the Otis Supplemental Indenture and a form of the Otis Notes have been filed as exhibits 4.1, 4.2 and 4.3 to this Current Report on Form 8-K and are incorporated herein by reference. The net proceeds to the Company from the sale of the Otis Notes, after the underwriting discount and offering expenses, are estimated to be approximately $495.2 million. The Company intends to use the net proceeds from this offering to fund t

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Exhibit Description 1.1 Underwriting Agreement, dated as of September 2, 2025, among Otis Worldwide Corporation, BofA Securities, Inc., Citigroup Global Markets Inc. and Goldman Sachs & Co. LLC, as representatives of the other underwriters named in Schedule A thereto. 4.1 Indenture, dated as of February 27, 2020, among Otis Worldwide Corporation and The Bank of New York Mellon Trust Company, N.A., as trustee, incorporated by reference to Exhibit 4.1 to the Company's Amendment No. 1 to Registration Statement on Form 10 (Commission file number 001-39221) filed with the SEC on March 11, 2020. 4.2 Supplemental Indenture No. 5, dated as of September 4, 2025, between Otis Worldwide Corporation and The Bank of New York Mellon Trust Company, N.A., as trustee. 4.3 Form of 5.131% Otis Note due 2035 (included in Exhibit 4.2 hereto). 5.1 Opinion of Wachtell, Lipton, Rosen & Katz, dated September 4, 2025 with respect to the Otis Notes. 5.4 Consent of Wachtell, Lipton, Rosen & Katz, dated September 4, 2025 (included in Exhibit 5.1 hereto), with respect to the Otis Notes. 104 Cover Page Interactive Data File — the cover page XBRL tags are embedded within the Inline XBRL document.

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. OTIS WORLDWIDE CORPORATION (Registrant) Date: September 4, 2025 By: /s/ Cristina Mndez Cristina Mndez Executive Vice President & Chief Financial Officer

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View this 8-K filing on SEC EDGAR