Honeywell announces public offering of senior notes 

Honeywell announced (14-Feb-2011) the commencement of the public offering of its USD800 million 4.250% Senior Notes due 2021 and its USD600 million 5.375% Senior Notes due 2041. Honeywell intends to use the proceeds of the offering to repay outstanding indebtedness, including the repurchase of up to USD400 million of senior notes due 2012, to repay commercial paper, and for general corporate purposes. BofA Merrill Lynch, Barclays Capital and Citi are acting as the joint book-running managers for the public offering of the notes. [more]

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