Honeywell Prices $16 Billion Private Debt Offering

BY MT Newswires | CORPORATE | 04:24 AM EDT

04:24 AM EDT, 03/11/2026 (MT Newswires) -- Honeywell International (HON) said late Tuesday that Honeywell Aerospace priced a private offering of $16 billion of senior notes.

The offering comprises $1.25 billion of 3.9% notes due 2028, $1.25 billion of 4% notes due 2029, $500 million of floating rate notes due 2029, $2 billion of 4.3% notes due 2031, $1.75 billion of 4.6% notes due 2033, $3.25 billion of 4.95% notes due 2036, $1 billion of 5.622% notes due 2046, $3.5 billion of 5.732% notes due 2056, and $1.5 billion of 5.852% notes due 2066.

The company expects the offering to close by Monday and plans to use part of the proceeds to pay for expenses in connection with its planned spin-off, among other things.

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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