Carrier Global Corporation Announces Closing of €2.35 Billion and $3.0 Billion Notes Offerings

PALM BEACH GARDENS, Fla., Nov. 30, 2023 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR) ("Carrier" or the "Company"), global leader in intelligent climate and energy solutions, today announced that it has closed its previously announced 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"). The Euro Notes consist of €750,000,000 aggregate principal amount of 4.375% notes due 2025 (the "Euro 2025 Notes"), €750,000,000 aggregate principal amount of 4.125% notes due 2028 (the "2028 Notes") and €850,000,000 aggregate principal amount of 4.500% notes due 2032 (the "2032 Notes"). The USD Notes consist of $1,000,000,000 aggregate principal amount of 5.800% notes due 2025 (the "USD 2025 Notes"), $1,000,000,000 aggregate principal amount of 5.900% notes due 2034 (the "2034 Notes") and $1,000,000,000 aggregate principal amount of 6.200% notes due 2054 (the "2054 Notes").