Carrier Global completes €750 million 3.625% notes offering due 2037
Carrier Global completed a private offering of €750,000,000 in 3.625% euro-denominated notes due 2037 on November 8, 2024. The company used the proceeds, together with cash on hand, to redeem its 4.375% Notes due 2025 and to pay offering fees and expenses, replacing shorter-dated debt with longer-dated debt.
Key points
- Notes: €750,000,000 aggregate principal, 3.625% coupon, maturing 2037, interest paid annually on January 15 starting January 15, 2025
- Proceeds plus cash on hand used to redeem the 4.375% Notes due 2025 at a total cash price of €770,655,000 including accrued interest
- Holders may require repurchase at 101% of principal plus accrued interest if a change of control triggering event occurs
The filing
Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 08, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.