#United States #Securities #Exchange Offer #Phoenix #Honeywell Aerospace

Honeywell Aerospace Completes Exchange Offer

On August 12, 2026, Honeywell Aerospace Inc. (Nasdaq: HONA) announced the successful completion of its exchange offer, aimed at swapping certain unregistered notes for new registered securities. This strategic move is part of the company's efforts to optimize its capital structure and ensure compliance with regulatory requirements.

Details of the Exchange Offer

The exchange offer included a variety of securities, with more than $12 billion worth of aggregate principal amount being exchanged. It involved multiple series of new notes:
1. New 3.900% Senior Notes due 2028 - Up to $1,250,000,000
2. New 4.000% Senior Notes due 2029 - Up to $1,250,000,000
3. New Floating Rate Senior Notes due 2029 - Up to $500,000,000
4. New 4.300% Senior Notes due 2031 - Up to $2,000,000,000
5. New 4.600% Senior Notes due 2033 - Up to $1,750,000,000
6. New 4.950% Senior Notes due 2036 - Up to $3,250,000,000
7. New 5.622% Senior Notes due 2046 - Up to $1,000,000,000
8. New 5.732% Senior Notes due 2056 - Up to $3,500,000,000
9. New 5.852% Senior Notes due 2066 - Up to $1,500,000,000

The exchange offered the opportunity for current note holders to transition their investments into new notes that have been registered under the Securities Act of 1933, thus enhancing security and compliance.

High Participation Rate

The results were overwhelming, with nearly $12 billion of the existing notes tendered for exchange, reflecting a robust participation rate. Specific figures included:

• - 98.878% of the Outstanding 2028 Notes
• - 99.911% of the Outstanding 2029 Notes
• - 98.000% of the Outstanding Floating Rate Notes due 2029
• - 99.945% of the Outstanding 2031 Notes
• - 99.916% of the Outstanding 2033 Notes.

This enthusiastic response from investors underscored the confidence in Honeywell Aerospace's financial management strategies.

No Proceeds Received

It is important to note that Honeywell Aerospace did not receive any proceeds from the exchange offer. The settlement effectively took place on the same day of the announcement, signifying a seamless transition for the company and its investors.

Looking Ahead

Honeywell Aerospace continues to utilize its Investor Relations website as a primary channel for communications regarding significant developments and material disclosures. Stakeholders and interested parties are encouraged to stay informed by monitoring the website and following the company on various digital platforms.

About Honeywell Aerospace

Honeywell Aerospace stands as a prominent player in the global aerospace and defense industry. The company prides itself on its innovative technologies, which are integral to the world's leading commercial aviation, defense, and space platforms. With over 36,000 employees globally, Honeywell Aerospace is committed to ensuring safety, efficiency, and reliability across its significant and diverse operations.

For more information about the company and its offerings, visit Honeywell Aerospace's official website or follow their updates on LinkedIn.