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Stock impact report

Honeywell renews $1.5 billion revolving credit agreement [MSN Money]

Honeywell International Inc. (HON) 
Last honeywell international inc. earnings: 5/1 06:30 am Check Earnings Report
US:NYSE Investor Relations: investor.honeywell.com
Company Research Source: MSN Money
(Reuters) - Honeywell International Inc said on Friday it had rewed a revolving credit agreemt for $.5 billion, to be used for geral corporate purpos wh needed. The 6-day Credit Agreemt was signed with Citibank and JPMorgan Chase , Honeywell said in a filing, adding that the loan do not do not rtrict its ability to pay dividd.© Reuters/DENIS BALIBOUSEMoney that Honeywell draws against the revolving credit agreemt should be repaid no later than April 9, 0, the company said.The agreemt com after the industrial conglomerate tered into a $6 billion loan agreemt last month to bolster liquidity as the fast-spreading coronavirus pandemic wreaks havoc on the global economy.The company, which mak everything from aircraft gine parts to warehouse automation equipmt, had $0 billion in cash at the d of 09, with its psion liability overfunded, it said last month. to stay informed. Advice to stay safe.Honeywell has reported a surge in demand for its protective face masks in North America, Europe Show less Read more
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