Honeywell International plans to price senior notes due 2027, 2031

By Marisa Wong

Los Angeles, Aug. 2 – Honeywell International Inc. plans to price callable senior notes in two tranches due 2027 and 2031, according to a 424B5 filing with the Securities and Exchange Commission.

Both series will come with optional make-whole calls. The 2027 notes can redeemed at par one month before the maturity date and the 2031 notes will be redeemable at par three months before the maturity date.

BofA Securities, Inc., Citigroup Global Markets Inc., J.P. Morgan Securities LLC, SMBC Nikko Securities America, Inc. and Wells Fargo Securities, LLC are the joint bookrunners.

Proceeds will be used to redeem all or a portion of the company’s $500 million of outstanding callable floating-rate senior notes due 2022 and $2.5 billion of outstanding callable 0.483% senior notes due 2022. Any remaining proceeds will be used for general corporate purposes.

The Charlotte, N.C.-based technology company makes aerospace products, control technologies for buildings and industry and performance materials.

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