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UTC Announces Pricing of Otis' Notes Offering

Feb 19, 2020 - PR Newswire

PR Newswire

 United Technologies Corp. (NYSE: UTX) ("UTC") announced today that its wholly-owned subsidiary, Otis Worldwide Corporation ("Otis"), priced an offering of 144A notes with registration rights of $1.3 billion of 2.056% notes due 2025 (the "5-Year Notes"), $500 million of 2.293% notes due 2027 (the "7-Year Notes"), $1.5 billion of 2.565% notes due 2030 (the "10-Year Notes"), $750 million of 3.112% notes due 2040 (the "20-Year Notes"), $750 million of 3.362% notes due 2050 (the "...