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United Technologies' Big Bond Deal

$9.8 bln offering would be largest U.S. corporate bond sale since 2009.

By Sarika Gangar, Bloomberg | Updated on May 24, 2012

United Technologies Corp. plans to raise $9.8 billion in the largest U.S. corporate bond sale in more than three years to help finance its $16.5 billion acquisition of Goodrich Corp.

The maker of Sikorsky helicopters and Pratt & Whitney engines, which last tapped the market more than two years ago, is selling debt in six portions ranging from 18-month floating- rate notes to 30-year bonds, the Hartford, Connecticut-based company said today in a regulatory filing.

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