tiprankstipranks
Carrier Global Restructures Debt, Acquires Climate Business
Company Announcements

Carrier Global Restructures Debt, Acquires Climate Business

Carrier Global (CARR) has issued an announcement.

Carrier Global Corporation successfully managed its financial strategies by utilizing a €2.3 billion loan to acquire Viessmann Group’s climate solutions business and then offsetting this debt with proceeds from the sale of its security business to Honeywell International. Additionally, the company is set to redeem $1 billion in outstanding notes, offering investors a cash redemption that could be above the notes’ principal amount, depending on specific treasury rates and accrued interest calculations, effectively reorganizing its debt structure and demonstrating proactive financial management.

For detailed information about CARR stock, go to TipRanks’ Stock Analysis page.

Related Articles
TheFlyApple upgraded, Electronic Arts downgraded: Wall Street’s top analyst calls
TheFlyCarrier Global upgraded to Outperform from Neutral at Baird
PR NewswireSentinel Capital Partners Carves Out Industrial Fire Business from Carrier
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!