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Carrier Global Restructures Debt, Acquires Climate Business

Carrier Global Restructures Debt, Acquires Climate Business

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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.

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