Otis sells $500M 5.825% notes due 2036
Otis Worldwide executed an underwriting agreement for the sale of $500 million principal amount of 5.825% notes due in 2036, priced to yield an indicated rate of 5.825%. This corporate debt offering provides the company with additional capital for general corporate purposes.
AI-generated summary for informational purposes only. Always verify against the original filing. Not investment advice. BriefTape is not a registered investment adviser.
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