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.