18-Feb-2011 1:10 PM
Honeywell announces public offering of senior notes
Direct News Source
14-Feb-2011 Honeywell today announced the commencement of the public offering of its $800 million 4.250% Senior Notes due 2021 and its $600 million 5.375% Senior Notes due 2041 (collectively, the “Notes”). Honeywell intends to use the proceeds of the offering to repay outstanding indebtedness, including the repurchase of up to $400 million of senior notes due 2012, to repay commercial paper, and for general corporate purposes.
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