Honeywell terminates $1B term loan; Aerospace issues $16B notes for spin-off; €750M redemption

HONEYWELL INTERNATIONAL INC

Repaid and terminated $1.0B fixed rate term loan (Aug 12, 2024) on March 16, 2026.
Honeywell Aerospace issued $16B in senior notes (maturities 2028-2066, rates 3.9%-5.852%), including $10B new money and $6B exchange notes.
Terminated 2026 Term Loan Credit Agreement; exchanged for Exchange Notes and cash to satisfy advances.
Issued notice to redeem all €750M 2.250% Senior Notes due 2028 on April 10, 2026 with make-whole premium.
Aerospace entered registration rights agreement; must file exchange offer/shelf registration within 365 days after spin-off.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

HONEYWELL INTERNATIONAL INC terminated a credit facility with Bank of America, N.A. valued at $1.0 billion (effective 2026-03-16).

Action: termination
Agreement: credit facility
Counterparty: Bank of America, N.A.
Value: $1.0 billion
Effective: 2026-03-16

Exact text from the filing

On March 16, 2026, Honeywell International Inc., a Delaware corporation (“Honeywell”), repaid in full all outstanding obligations under, and terminated, its $1.0 billion fixed rate term loan credit agreement, dated as of August 12, 2024, with the banks, financial institutions and other institutional lenders party thereto, and Bank of America, N.A. (“Bank of America”), as administrative agent.

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Source: SEC EDGAR

accession 0001193125-26-108366

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