Honeywell placed $16.0B of new debt 10 days ago and said it is using part of the proceeds to pay off $7.6B of older debt. The move is a liability-management/refinancing action that reduces near-term maturities and deploys recent issuance proceeds. No details were provided on interest rates, maturities or remaining outstanding debt balances.
Honeywell placed $16.0B of new debt 10 days ago and said it is using part of the proceeds to pay off $7.6B of older debt. The move is a liability-management/refinancing action that reduces near-term maturities and deploys recent issuance proceeds. No details were provided on interest rates, maturities or remaining outstanding debt balances.
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