debt
confidence high
sentiment neutral
materiality 0.60
Carrier prices $3B USD and €2.35B notes to fund Viessmann acquisition
CARRIER GLOBAL Corp
- USD Notes: $1B 5.800% due 2025, $1B 5.900% due 2034, $1B 6.200% due 2054.
- Euro Notes: €750M 4.375% due 2025, €750M 4.125% due 2028, €850M 4.500% due 2032.
- Euro Notes close Nov 29, USD Notes close Nov 30, 2023; offerings not contingent on each other.
- Proceeds, with cash and existing credit facilities, fund Viessmann climate solutions acquisition.
- Notes subject to special mandatory redemption if acquisition not consummated by Oct 25, 2024.