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Resideo Technologies Commences $500 Million Senior Notes Offering
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Resideo Technologies Commences $500 Million Senior Notes Offering
Jul 9, 2024 6:07 AM

08:34 AM EDT, 07/09/2024 (MT Newswires) -- Resideo Technologies ( REZI ) said on Tuesday that its subsidiary, Resideo Funding, has commenced a private offering of $500 million of Senior Notes due 2032.

The company intends to use the net proceeds from the sale of the Notes to repay a portion of debt under senior secured Term B loans maturing on February 21, 2028.

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