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HON Honeywell International Inc

194.02
-1.79 (-0.91%)
07 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Honeywell International Inc NASDAQ:HON NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.79 -0.91% 194.02 192.76 195.42 197.20 193.95 196.60 2,257,723 01:00:00

Honeywell Plans to Offer $1 Billion of Debt

18/11/2013 10:17pm

Dow Jones News


Honeywell (NASDAQ:HON)
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   By Tess Stynes 
 

Honeywell International Inc. (HON) plans to offer $1 billion of debt as the industrial conglomerate raises funds for general corporate purposes.

The company is offering $300 million of 10-year, 3.35% senior notes and $700 million of floating rate, senior notes that mature in 2015.

As the soft economy slows revenue growth, Honeywell--a maker of aerospace, building control and safety products--has focused on boosting its margins to improve profits.

Shares closed Monday at $88.68 and weren't actively trading after hours. The stock is up 40% this year.

Write to Tess Stynes at tess.stynes@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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