Merrill Lynch Intl (DTG) Syndicate HON 2yr FRN Pre-Stabilisation Notice (0493P)
February 15 2016 - 3:38AM
UK Regulatory
TIDMHON
RNS Number : 0493P
Merrill Lynch Intl (DTG) Syndicate
15 February 2016
PRE-STABILISATION ANNOUNCEMENT
15 February 2016
Merrill Lynch Intl Syndicate
Not for distribution, directly or indirectly, in or into the
United States or any jurisdiction in which such distribution would
be unlawful.
Honeywell International Inc.
Stabilisation Notice
Merrill Lynch International (contact: Carina Powolozky
telephone: 0044 207 9953966) hereby gives notice, as Stabilisation
Coordinator, that the Stabilisation Manager(s) named below may
stabilise the offer of the following securities in accordance with
Commission Regulation (EC) No. 2273/2003 implementing the Market
Abuse Directive (2003/6/EC).
The securities:
------------------------------ -------------------------------
Issuer: Honeywell International
Inc.
------------------------------ -------------------------------
Guarantor (if any): n/a
------------------------------ -------------------------------
Aggregate nominal amount: EUR benchmark
------------------------------ -------------------------------
Description: 2yr FRN Senior, Unsecured
SEC Registered
------------------------------ -------------------------------
Other offer terms:
------------------------------ -------------------------------
Stabilisation:
------------------------------ -------------------------------
Stabilisation Manager(s): Merrill Lynch International
(Stabilisation Coordinator)
Barclays Bank PLC
Citigroup Global Markets
Limited
Goldman, Sachs & Co.
------------------------------ -------------------------------
Stabilisation period expected 15 February 2016
to start on:
------------------------------ -------------------------------
Stabilisation period expected 16 March 2016 (30 days
to end no later than: after the proposed issue
date of the securities)
------------------------------ -------------------------------
Existence, maximum size The Stabilisation Manager(s)
and conditions of use may over-allot the securities
of over-allotment facility: to the extent permitted
in accordance with applicable
law.
------------------------------ -------------------------------
In connection with the offer of the above securities, the
Stabilisation Manager(s) may over-allot the securities or effect
transactions with a view to supporting the market price of the
securities at a level higher than that which might otherwise
prevail. However, there is no assurance that the Stabilisation
Manager(s) will take any stabilisation action and any stabilisation
action, if begun, may be ended at any time. Any stabilisation
action or over-allotment shall be conducted in accordance with all
applicable laws and rules.
This announcement is for information purposes only and does not
constitute an invitation or offer to underwrite, subscribe for or
otherwise acquire or dispose of any securities of the Issuer in any
jurisdiction.
This announcement and the offer of the securities to which it
relates are only addressed to and directed at persons outside the
United Kingdom and persons in the United Kingdom who have
professional experience in matters related to investments or who
are high net worth persons within article 12(5) of the Financial
Services and Markets Act 2000 (Financial Promotion) Order 2005 and
must not be acted on or relied on by other persons in the United
Kingdom.
In addition, if and to the extent that this announcement is
communicated in, or the offer of the securities to which it relates
is made in, any EEA Member State that has implemented Directive
2003/71/EC (together with any applicable implementing measures in
any Member State, the "Prospectus Directive") before the
publication of a prospectus in relation to the securities which has
been approved by the competent authority in that Member State in
accordance with the Prospectus Directive (or which has been
approved by a competent authority in another Member State and
notified to the competent authority in that Member State in
accordance with the Prospectus Directive), this announcement and
the offer are only addressed to and directed at persons in that
Member State who are qualified investors within the meaning of the
Prospectus Directive (or who are other persons to whom the offer
may lawfully be addressed) and must not be acted on or relied on by
other persons in that Member State.
This announcement is not an offer of securities for sale into
the United States. The securities have not been, and will not be,
registered under the United States Securities Act of 1933 and may
not be offered or sold in the United States absent registration or
an exemption from registration. There will be no public offer of
securities in the United States.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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