Carrier Global Corporation Completes $750M Private Placement of Notes

Carrier Global Corporation completed a private placement of $750 million of 2.700% Notes due 2031. The proceeds are intended to enhance liquidity and financial flexibility during the COVID-19 pandemic for general corporate purposes.

“On June 19, 2020, Carrier Global Corporation (“Carrier”) completed its previously announced private placement of $750 million of 2.700% Notes due 2031 (the “Notes”). Carrier expects to use the net proceeds from the sale of the Notes, which further enhance its liquidity and financial flexibility during the ongoing COVID-19 pandemic, for general corporate purposes.”

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.