Honeywell’s $1.5 Billion Credit Facility and 5-Year Extension
April 28, 2017
Cleary Gottlieb represented Honeywell International Inc. in a new $1.5 billion senior unsecured 364-day revolving credit facility with Citibank, N.A. as administrative agent and a syndicate of lenders, and in an amendment extending the maturity date under Honeywell’s existing $4 billion senior unsecured revolving credit facility.
The transactions closed simultaneously on April 28, 2017.
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.