Resideo Shifts Debt to Funding II LLC and Pays Honeywell $11.6 Million
On June 24, 2026, Resideo Funding Inc. merged into its wholly-owned subsidiary Resideo Funding II LLC, which assumed the company's 2029 and 2032 senior notes and its obligations under the June 4, 2026 credit agreement. Funding II also granted lenders a security interest in substantially all of its assets and agreed to guarantee company obligations under the credit agreement. Separately, on June 22, 2026, Resideo agreed with Honeywell to end a 2018 spin-off tax agreement in exchange for a one-time $11.6 million payment, which the filing describes as resolving tax-related claims between the two companies.
Key points
- June 24, 2026: Resideo Funding Inc. merged into Resideo Funding II LLC, which continues as the surviving entity.
- Funding II assumed the 4.000% Senior Notes due 2029 and 6.500% Senior Notes due 2032.
- Funding II granted a security interest in substantially all its assets and guarantees company obligations under the credit agreement with JPMorgan Chase Bank, N.A. as administrative agent.
- June 22, 2026: Tax Matters Agreement with Honeywell terminated; Resideo must pay a one-time $11,600,000 and both parties exchanged mutual releases.
The filing
Written by AI on Nov 8, 2026, 1:49 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 June 24, 2026.
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.