Honeywell’s $1.5 Billion and $4 Billion Credit Facilities

May 2, 2018

Cleary Gottlieb represented Honeywell International Inc. in a new $1.5 billion senior unsecured 364-day revolving credit facility and an amendment and restatement of Honeywell’s $4 billion senior unsecured 5-year revolving credit facility.

For each facility, Citibank, N.A. served as administrative agent for a syndicate of lenders. The transactions closed simultaneously on April 27, 2018.

Honeywell is a diversified technology and manufacturing company, serving customers worldwide with aerospace products and services, control, sensing and security technologies for buildings, homes and industry, turbochargers, automotive products, specialty chemicals, electronic and advanced materials, process technology for refining and petrochemicals, and energy-efficient products and solutions for homes, business and transportation.