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Form 8-K · Current Report · Filed 2025-05-08

Honeywell Enters Into $6 Billion Term Loan Agreement

On May 7, 2025, Honeywell International Inc.

Filer
Honeywell International Inc. HON · NASDAQ
Filed
Accession
0001193125-25-115181
CIK
0000773840
Signal
Medium impactIndustrials

Details

entered into a Delayed Draw Term Loan Agreement with Bank of America, N.A., for a facility of up to $6 billion. This agreement provides financial flexibility as Honeywell manages the separation of its businesses into three independent public companies and continues its capital deployment plan. The agreement does not restrict Honeywell's ability to pay dividends and contains customary terms for investment grade borrowers.

Items reported

Item 1.01

Entry into a Material Definitive Agreement

Financial Instrument Agreement
Item 2.03

Creation of a Direct Financial Obligation

Credit Facility Entered
Item 9.01

Financial Statements and Exhibits

No viable tag

Market reaction

Close before filing

$202.27

Next session

-0.7%

Since filing

+20.2%

Latest close

$243.05

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from HON reporting the same item, with the next session's move:

Exhibits (1)

About Honeywell International Inc.

Honeywell International Inc. is a diversified technology and manufacturing corporation, operating globally across various sectors. Its primary function is to provide innovative solutions in aerospace products and services, building technologies, performance materials, and safety and productivity solutions. Honeywell is renowned for its cutting-edge advancements in thermal systems, automation control, and industrial cybersecurity, supplying essential components across residential, commercial, and industrial domains. In the aerospace sector, Honeywell is instrumental in developing technologies for aircraft engines, cockpit systems, and manufacturing efficiency for both commercial and military clients. In building technologies, it focuses on energy-efficient solutions and smart building systems that enhance safety and comfort. Its performance materials division delivers high-performance materials essential for advanced manufacturing, including specialty chemicals and plastics. The safety and productivity solutions expand into workflow efficiency, offering software and hardware that enhance operational processes in various industries. Positioned as a key player in industrial innovation, Honeywell International Inc. significantly impacts wide-ranging industries, enhancing economic growth and sustainability through its strategic technological advancements. The company's global reach underscores its influence and importance in modern manufacturing and technology ecosystems.

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