---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-046925"
form_type: "8-K"
ticker: "OTIS"
cik: "0001781335"
company_name: "Otis Worldwide Corp"
filed_at: "2024-11-14T23:59:59+00:00"
generated_at: "2026-05-30T00:33:45.295732+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Otis prices $600M 5.125% notes due 2031 and €850M 2.875% notes due 2027 for 2025 debt refinancing

## Summary
- Dollar offering: $600M aggregate 5.125% Notes due 2031; net proceeds ~$594.5M.
- Euro offering: €850M 2.875% Notes due 2027 via subsidiary Highland; net ~€842M.
- Proceeds, with cash on hand, will repay $1.3B 2.056% notes maturing April 2025.
- Both offerings expected to close on November 19, 2024.
- Notes and parent guarantee are unsecured, unsubordinated obligations.

## SEC filing metadata
- accession: 0001140361-24-046925
- form_type: 8-K
- ticker: OTIS
- cik: 0001781335
- company_name: Otis Worldwide Corp
- filed_at: 2024-11-14T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1781335/000114036124046925/0001140361-24-046925-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1781335/000114036124046925/ny20038264x7_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-046925
- JSON: https://secwatch.observer/filing/0001140361-24-046925.json
- Plain text: https://secwatch.observer/filing/0001140361-24-046925.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.