Carrier Global Prices $5.35B Notes Offering to Fund Viessmann Climate Solutions Acquisition

Carrier Global Corporation priced a private offering of $3 billion USD-denominated notes and €2.35 billion euro-denominated notes. The net proceeds, along with cash on hand and borrowings, will fund the cash portion of its previously announced acquisition of Viessmann Group's climate solutions business.

“On November 15, 2023, Carrier Global Corporation (the “Company”) issued a press release announcing that it has priced the private offerings of an aggregate principal amount of $3,000,000,000 of USD-denominated notes (the “USD Notes”) and €2,350,000,000 aggregate principal amount of euro-denominated notes (the “Euro Notes”, and together with the USD Notes, the “Notes”).”

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