Brady Sells $800 Million of Bonds for Honeywell Spinoff Purchase
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Brady Corp., a maker of signs and labels, sold $800 million of private debt to support its purchase of Honeywell International Inc.’s productivity solutions and services business.
The bond sale is part of Brady's strategy to finance the acquisition, enhancing its portfolio in the productivity sector.
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“Brady Corp., a maker of signs and labels, sold $800 million of private debt to support its purchase of Honeywell International Inc.’s productivity solutions and services business.”
Bloomberg — Brady Sells $800 Million of Bonds for Honeywell Spinoff Purchase