{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-26-019547","form_type":"8-K","ticker":"OTIS","cik":"0001781335","company_name":"Otis Worldwide Corp","filed_at":"2026-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.892709+00:00","generated_at":"2026-05-14T21:56:57.429895+00:00","sec_items":["8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Otis issues $700M 4.488% notes due 2029 to refinance near-term debt","bullets":["Issued $700M aggregate principal of 4.488% Notes due May 7, 2029.","Net proceeds of ~$695.2M from underwriting discount and expenses.","Proceeds to fund repayment of €600M 0.318% Notes due Dec 15, 2026.","Remainder to repay commercial paper and for general corporate purposes.","Interest payable May 7 and Nov 7 starting Nov 7, 2026; make-whole call before Apr 7, 2029."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-26-019547","json":"https://secwatch.observer/filing/0001140361-26-019547.json","markdown":"https://secwatch.observer/filing/0001140361-26-019547.md","text":"https://secwatch.observer/filing/0001140361-26-019547.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1781335/000114036126019547/0001140361-26-019547-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1781335/000114036126019547/ef20072421_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-14T21:56:57.429895+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}