February 18, 2009 (FinancialWire) -- Honeywell (NYSE: HON) has launched a public offering of $600 million of its 3.875% senior notes due 2014 and $900 million 5.000% of its senior notes due 2019. J.P. Morgan (NYSE: JPM), Deutsche Bank Securities (NYSE: DB), RBS Greenwich Capital and UBS Investment Bank (NYSE: UBS) are acting as the joint book-running managers.

The notes will be senior unsecured and unsubordinated obligations of Honeywell and will rank equally with all of Honeywell's existing and future senior unsecured debt and senior to all of Honeywell's subordinated debt.

Honeywell plans to use the proceeds of the offering to repay outstanding indebtedness, including commercial paper, and for general corporate purposes.

Morris Township, New Jersey-based Honeywell International serves customers worldwide with aerospace products and services, control technologies for buildings, homes and industry, automotive products, turbochargers and specialty materials.

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