06:19 AM EDT, 08/09/2024 (MT Newswires) -- Carrier Global ( CARR ) said late Thursday that the aggregate amount of notes validly tendered in its tender offers to repurchase five series of notes already exceeded its upsized $1 billion maximum repurchase amount.

As of the early tender deadline of Aug. 8, $732.5 million of 5.9% notes due 2034, $692.8 million of 6.2% notes due 2054, $906.9 million of 3.577% notes due 2050, $757.8 million of 3.377% notes due 2040, and $482.4 million of 2.242% notes due 2025 were validly tendered, according to the company.

In addition, the 2034 notes and the 2054 notes validly tendered already exceeded their respective series tender caps of $125 million and $350 million, the company said.

As a result, the company said it will not accept all of the tendered securities for purchase.

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