Honeywell in $900 Million Bond Offering
July 27, 2007
Cleary Gottlieb represented Honeywell International Inc. in its $900 million registered bond offering. The offering, conducted under Honeywell’s automatic shelf registration statement, included two series of investment-grade, senior unsecured bonds (one fixed-rate, one floating rate). JP Morgan, Deutsche Bank Securities and UBS Investment Bank were the lead underwriters for the offering, which priced on July 24 and closed on July 27.
Honeywell International Inc. is a diversified technology and manufacturing company, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; and specialty materials.