Honeywell (NASDAQ: HON) increased the maximum amount for its dollar-denominated debt tender offer from $3.75 billion to $4.67 billion following early participation results announced March 20, 2026.

The company received $7.21 billion in tenders for its dollar securities as of the early participation deadline on March 19, representing approximately 55% of the $13.01 billion in outstanding dollar debt included in the offer. The tender offer covers 18 series of dollar-denominated senior notes with maturities ranging from 2028 to 2064.

For its euro-denominated securities, Honeywell received €2.60 billion in tenders against €4.90 billion outstanding across seven series of notes. The company plans to accept all euro securities tendered with acceptance priority levels 1 through 6, with the final euro maximum amount to be announced following the reference yield determination.

The highest participation rate occurred in the 5.350% senior notes due 2064, where $460.8 million of the $650 million outstanding was tendered. Among euro securities, the 3.500% notes due 2027 saw €456.6 million tendered from €650 million outstanding.

BofA Securities, Goldman Sachs and Morgan Stanley serve as dealer managers for the tender offers. The expiration date remains April 7, 2026, at 5:00 p.m. New York time.

The tender offers are subject to financing conditions, which Honeywell stated have been satisfied. The company has also issued redemption notices for certain euro securities not tendered in the offer.