other material
confidence high
sentiment neutral
materiality 1.00
Honeywell sets Oct 17 record date, Oct 30 spin-off of Solstice; Solstice issues $1B notes
HONEYWELL INTERNATIONAL INC
- Record date Oct 17, 2025; distribution expected Oct 30, 2025 at ratio of 1 Solstice share per 4 Honeywell shares.
- Solstice completed $1 billion senior notes offering at 5.625% due 2033; proceeds held in escrow pending spin-off conditions.
- Solstice expected to begin trading on Nasdaq on Oct 30, 2025 under ticker SOLS; when-issued trading (SOLS WI) begins Oct 20.
- Honeywell common stock will trade ex-distribution (HON WI) from Oct 20 to Oct 29; regular-way HON trading continues.
- Spin-off expected to be tax-free to Honeywell shareowners for U.S. federal income tax purposes.