secwatch.observer — SEC 8-K summary
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Issuer:     HONEYWELL INTERNATIONAL INC (HON)
CIK:        0000773840
Form:       8-K
Filed at:   2022-11-21T23:59:59+00:00
Accession:  0001193125-22-290052
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Honeywell amends $1.325B NARCO asbestos trust buyout, removes March 2023 deadline
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- Base buyout amount remains $1.325B; automatic termination provision for March 31, 2023 removed.
- Claims funded by Honeywell after March 31, 2023 until closing receive dollar-for-dollar credit against buyout amount.
- HWI net dividends received by trust after March 31, 2023 until closing also reduce buyout dollar-for-dollar.
- After closing, any HWI net sale proceeds and net dividends will be paid to Honeywell.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/773840/000119312522290052/0001193125-22-290052-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/773840/000119312522290052/d424061d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-290052

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