Carrier Global Corp, founded in 2020 and headquartered in Palm Beach Gardens, Florida, is a leading global provider of HVAC, refrigeration, fire, and security solutions. The company was established as a spin-off from United Technologies Corporation and is committed to creating sustainable and efficient building environments through innovative technology and services. Key product offerings include commercial and residential heating and cooling systems, refrigeration units, and fire protection equipment.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Carrier began issuing bonds shortly after its separation from United Technologies in 2020, with a notable $2 billion offering in 2021 that was used to enhance its liquidity and support growth initiatives. As of October 2023, the company's bonds have demonstrated competitive yields compared to industry benchmarks, reflecting strong investor demand and financial stability. Notably, in 2022, Carrier issued green bonds linked to sustainability projects, reinforcing its commitment to environmental responsibility while attracting a new base of socially conscious investors.