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Honeywell Files Statement With The Securities And Exchange Commission

11 September 2000

Honeywell Files Shelf Registration Statement With The Securities And Exchange Commission

    MORRIS TOWNSHIP, N.J.--Sept. 8, 2000--Honeywell announced today that it has filed a shelf registration statement with the Securities and Exchange Commission registering $2.0 billion of debt securities, preferred stock and common stock which may be issued from time to time.
    The aggregate amount, net proceeds, offering price and other specific terms of securities which may be issued under the registration statement will be determined at the time of sale and described in a supplement to the prospectus forming a part of the registration statement. Unless otherwise indicated in any such supplement, the net proceeds from any such sale will be used for general corporate purposes, which may include repayment of outstanding debt, repurchase of common stock, investments in or extensions of credit to subsidiaries, or the financing of possible acquisitions or business expansions. Honeywell may sell such securities through underwriters, through agents, or directly to institutional purchasers.
    The registration statement has not yet become effective. The securities described in the registration statement may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective, nor may sales be effected in the absence of a definitive prospectus and a prospectus supplement setting forth the terms and conditions of any specific series of securities offered. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.