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Deal closed Jun 2024 Verified

Carrier Completes Sale of Global Access Solutions to Honeywell

Carrier Global Corporation completed the previously announced sale of its security business, Global Access Solutions, to Honeywell International Inc. on June 3, 2024. Proceeds from the sale were used to repay the full amount outstanding under the Delayed Draw Facility.

“The borrowings under the Delayed Draw Facility were repaid using proceeds from the Company’s previously announced sale of its security business, Global Access Solutions, to Honeywell International Inc., which was completed on June 3, 2024.”

Entities

Carrier Global Corporation · Target Honeywell International Inc. · Acquirer
Other Sentiment: Neutral

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