Filed Pursuant to Rule 433

Registration Statement No. 333-141013

February 17, 2009

Honeywell International Inc.

Pricing Term Sheet

3.875% Senior Notes due 2014

Issuer:

Honeywell International Inc.

Security Type:

SEC Registered

Principal Amount:

$600,000,000

Coupon:

3.875%

Stated Maturity Date:

February 15, 2014

Issue Price:

99.736

Yield to Maturity:

3.934%

US Treasury Benchmark:

1.750% due January 31, 2014

US Treasury Yield:

1.684%

Spread to US Treasury:

225bp

Trade Date:

February 17, 2009

Original Issue/Settlement Date:

February 20, 2009

Interest Payment Dates:

February 15 and August 15 of each year, commencing August 15, 2009

Make Whole Call:

T + 35bp

Expected Ratings:

A2 / A / A

Joint Bookrunners:

J.P. Morgan Securities Inc.
Deutsche Bank Securities Inc.
Greenwich Capital Markets, Inc.
UBS Securities LLC

Senior Co-Managers:

Banc of America Securities LLC
Barclays Capital Inc.
Citigroup Global Markets Inc.
Goldman, Sachs & Co.

Co-Managers:

BBVA Securities Inc.
BNP Paribas Securities Corp.
|
HSBC Securities (USA) Inc.
Mitsubishi UFJ Securities International plc
SG Americas Securities, LLC
Banca IMI S.p.A.

Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.

The issuer has filed a registration statement (including a prospectus and the accompanying prospectus supplement) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus and the accompanying prospectus supplement in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these

 



 

documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus and the accompanying prospectus supplement if you request it by calling J.P. Morgan Securities Inc. at 212-834-4533 (collect), Deutsche Bank Securities Inc. at 800-503-4611 (toll free), Greenwich Capital Markets, Inc. at 866-884-2071 (toll free) or UBS Securities LLC at 877-827-6444 ext 561-3884 (toll free).

 

 



 

 

Filed Pursuant to Rule 433

Registration Statement No. 333-141013

February 17, 2009

Honeywell International Inc.

Pricing Term Sheet

5.000% Senior Notes due 2019

Issuer:

Honeywell International Inc.

Security Type:

SEC Registered

Principal Amount:

$900,000,000

Coupon:

5.000%

Stated Maturity Date:

February 15, 2019

Issue Price:

99.643

Yield to Maturity:

5.046%

US Treasury Benchmark:

2.750% due February 15, 2019

US Treasury Yield:

2.671%

Spread to US Treasury:

237.5bp

Trade Date:

February 17, 2009

Original Issue/Settlement Date:

February 20, 2009

Interest Payment Dates:

February 15 and August 15 of each year, commencing August 15, 2009

Make Whole Call:

T + 35bp

Expected Ratings:

A2 / A / A

Joint Bookrunners:

J.P. Morgan Securities Inc.
Deutsche Bank Securities Inc.
Greenwich Capital Markets, Inc.
UBS Securities LLC

Senior Co-Managers:

Banc of America Securities LLC
Barclays Capital Inc.
Citigroup Global Markets Inc.
Goldman, Sachs & Co.

Co-Managers:

BBVA Securities Inc.
BNP Paribas Securities Corp.
HSBC Securities (USA) Inc.
Mitsubishi UFJ Securities International plc
SG Americas Securities, LLC
Banca IMI S.p.A.

Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.

The issuer has filed a registration statement (including a prospectus and the accompanying prospectus supplement) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus and the accompanying prospectus supplement in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these

 



 

documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus and the accompanying prospectus supplement if you request it by calling J.P. Morgan Securities Inc. at 212-834-4533 (collect), Deutsche Bank Securities Inc. at 800-503-4611 (toll free), Greenwich Capital Markets, Inc. at 866-884-2071 (toll free) or UBS Securities LLC at 877-827-6444 ext 561-3884 (toll free).