Honeywell’s $2.5 Billion Senior Notes Offering

Honeywell's $2.5 Billion Senior Notes Offering

Davis Polk advised the joint book-running managers in the offering.

Honeywell International Inc. of $1 billion aggregate principal amount of its 1.100% senior notes due 2027 and $1.5 billion aggregate principal amount of its 1.750% senior notes due 2031.

The Joint Book-Running Managers included BofA Securities, Citigroup, J.P. Morgan, SMBC Nikko, Wells Fargo Securities. The Senior Co-Managers included Deutsche Bank Securities, Goldman Sachs & Co. LLC, Mizuho Securities, Morgan Stanley, BBVA, BNP PARIBAS, Santander, SOCIETE GENERALE, TD Securities, UniCredit Capital Markets, and US Bancorp. The Co-Managers included Academy Securities, Barclays, Credit Agricole CIB, HSBC, ICBC Standard Bank, NatWest Markets, RBC Capital Markets, and Standard Chartered Bank.

Headquartered in Charlotte, North Carolina, Honeywell is a Fortune 100 technology company that delivers industry-specific solutions that include aerospace products and services; control technologies for buildings and industry; and performance materials globally. Honeywell’s technologies help aircraft, buildings, manufacturing plants, supply chains and workers become more connected to make our world smarter, safer and more sustainable.

The Davis Polk corporate team included partner John B. Meade (Picture) and associates Rahul K. Patel and Jennifer Tedrick. Partner Michael Mollerus and associate Ben Levenback provided tax advice. Counsel David A. Zilberberg provided environmental advice.

Involved fees earner: Ben Levenback – Davis Polk & Wardwell; John Meade – Davis Polk & Wardwell; Michael Mollerus – Davis Polk & Wardwell; Rahul Patel – Davis Polk & Wardwell; Jennifer Tedrick – Davis Polk & Wardwell; David Zilberberg – Davis Polk & Wardwell;

Law Firms: Davis Polk & Wardwell;

Clients: Bank of America Securities; Citigroup Inc.; J.P. Morgan Securities LLC; SMBC Nikko Securities America; Wells Fargo Securities;

Martina Bellini

Author: Martina Bellini