---
schema_version: "secwatch.filing_event.v1"
accession: "0001783180-24-000049"
form_type: "8-K"
ticker: "CARR"
cik: "0001783180"
company_name: "CARRIER GLOBAL Corp"
filed_at: "2024-05-17T23:59:59+00:00"
generated_at: "2026-06-01T16:32:26.722115+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# Carrier enters $500M 364-day credit facility, replaces prior $500M revolver

## Summary
- New $500M 364-day senior unsecured revolving credit agreement dated May 17, 2024, with JPMorgan as administrative agent.
- Facility supports cash requirements; borrowings allowed in USD or Euros at Term SOFR+0.10% or EURIBOR plus ratings-based margin.
- Prior $500M 364-day credit agreement (May 19, 2023) terminated concurrently with new facility.
- Includes customary covenants and a 1% term-out option to extend maturity by one year.

## SEC filing metadata
- accession: 0001783180-24-000049
- form_type: 8-K
- ticker: CARR
- cik: 0001783180
- company_name: CARRIER GLOBAL Corp
- filed_at: 2024-05-17T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1783180/000178318024000049/0001783180-24-000049-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1783180/000178318024000049/carr-20240517.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001783180-24-000049
- JSON: https://secwatch.observer/filing/0001783180-24-000049.json
- Plain text: https://secwatch.observer/filing/0001783180-24-000049.txt

## Key facts
- Debt Financings
  CARRIER GLOBAL Corp incurred revolving credit of $500 million with JPMorgan Chase Bank, N.A., as administrative agent at Term SOFR Rate plus 0.10% and a ratings-based margin maturing 364 days.
  - Instrument: revolving credit
  - Principal: $500 million
  - Counterparty: JPMorgan Chase Bank, N.A., as administrative agent
  - Rate: Term SOFR Rate plus 0.10% and a ratings-based margin
  - Maturity: 364 days
  - Event: incurrence
  source text: On May 17, 2024, Carrier Global Corporation (the "Company") refinanced and replaced a Prior Credit Agreement (as defined below) by entering into a 364-day senior unsecured revolving credit agreement among the Company and Carrier Intercompany Lending Designated Activity Company as borrowers, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent, facilitating borrowings of up to $500 million (the "Credit Agreement").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1783180/000178318024000049/0001783180-24-000049-index.htm
- Material Agreements
  CARRIER GLOBAL Corp terminated 364-day senior unsecured revolving credit agreement with JPMorgan Chase Bank, N.A. valued at $500 million prior credit facility (effective 2024-05-17).
  - Action: termination
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A.
  - Value: $500 million prior credit facility
  - Effective: 2024-05-17
  source text: Simultaneous with the entry into the Credit Agreement, the Company terminated its existing 364-day senior unsecured revolving credit agreement, dated as of May 19, 2023 (the “Prior Credit Agreement”) among the Company and Carrier Intercompany Lending Designated Activity Company as borrowers, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent, which provided for a $500 million senior unsecured 364-day revolving credit facility.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1783180/000178318024000049/0001783180-24-000049-index.htm
- Material Agreements
  CARRIER GLOBAL Corp entered into 364-day senior unsecured revolving credit agreement with JPMorgan Chase Bank, N.A. valued at $500 million (effective 2024-05-17).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A.
  - Value: $500 million
  - Effective: 2024-05-17
  source text: On May 17, 2024, Carrier Global Corporation (the “Company”) refinanced and replaced a Prior Credit Agreement (as defined below) by entering into a 364-day senior unsecured revolving credit agreement among the Company and Carrier Intercompany Lending Designated Activity Company as borrowers, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent, facilitating borrowings of up to $500 million (the “Credit Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1783180/000178318024000049/0001783180-24-000049-index.htm

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