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An announcement from Carrier Global ( (CARR) ) is now available.
Carrier Global Corporation has entered into a new 5-year senior unsecured revolving credit agreement, replacing its prior credit agreements, with a borrowing capacity of up to $2.5 billion. This Credit Agreement will support the company’s cash requirements and commercial paper program, offering flexibility in U.S. Dollars or Euros. The agreement includes customary covenants and financial ratios, ensuring compliance and stability, and marks the termination of its previous credit facilities, enhancing its financial structure and operational capacity.
More about Carrier Global
Carrier Global Corporation operates in the heating, ventilation, and air conditioning (HVAC) industry, providing solutions for building systems, refrigeration, and fire and security technologies. The company focuses on enhancing building performance and sustainability, serving a diverse market that includes residential, commercial, and industrial sectors.
YTD Price Performance: 17.10%
Average Trading Volume: 4,292,316
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $59.84B
For an in-depth examination of CARR stock, go to TipRanks’ Stock Analysis page.
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