secwatch.observer — SEC 8-K summary
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Issuer:     CARRIER GLOBAL Corp (CARR)
CIK:        0001783180
Form:       8-K
Filed at:   2023-11-30T23:59:59+00:00
Accession:  0000950142-23-002884
Event type: debt
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Carrier closes €2.35B and $3B note offerings to back Viessmann acquisition
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- €2.35B Euro Notes: €750M 4.375% due 2025, €750M 4.125% due 2028, €850M 4.500% due 2032.
- $3B USD Notes: $1B 5.800% due 2025, $1B 5.900% due 2034, $1B 6.200% due 2054.
- Proceeds with cash and bridge loans fund cash consideration for Viessmann climate business buy.
- Notes require special mandatory redemption if Viessmann deal not closed by Oct 25, 2024.
- Weighted average cost of new debt ~5.07%; Carrier's total long-term debt cost under 4% (CFO).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1783180/000095014223002884/0000950142-23-002884-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1783180/000095014223002884/eh230425139_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950142-23-002884

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer