Davis Polk advised Merrill Lynch, Pierce, Fenner & Smith Incorporated, Barclays Capital Inc. and Citigroup Global Markets Inc. as dealer managers on a cash tender offer by Honeywell International Inc. for up to $400 million aggregate principal amount of its 5.625% notes due 2012.

Davis Polk also advised Merrill Lynch, Pierce, Fenner & Smith Incorporated, Barclays Capital Inc. and Citigroup Global Markets Inc. as joint book-running managers in connection with a concurrent offering by Honeywell International Inc. of $800 million aggregate principal amount of its 4.250% notes due 2021 and $600 million aggregate principal amount of its 5.375% notes due 2041. Part of the proceeds from the notes offering were used to fund payment for the notes purchased in the tender offer. 

Headquartered in Morris Township, New Jersey, Honeywell International Inc. is a diversified technology and manufacturing company, serving customers worldwide with aerospace products and services, control, sensing and security technologies for buildings, homes and industry, turbochargers, automotive products, specialty chemicals, electronic and advanced materials, process technology for refining and petrochemicals, and energy efficient products and solutions for homes, business and transportation. 

The Davis Polk corporate team included partner Richard A. Drucker and associates Adam Rachlis and Ashley Gorski (not yet admitted). Partner Michael Farber and associate Craig A. Phillips provided tax advice. Associates Hayden S. Baker and Adam Riedel provided environmental advice. Jack S. Keating was the legal assistant on the transaction. All members of the Davis Polk team are based in the New York office.