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Published on 1/9/2009 in the Prospect News Investment Grade Daily.

United Technologies calls all $500 million floaters due 2009

By Jennifer Chiou

New York, Jan. 9 - United Technologies Corp. said it called for redemption all of its $500 million of floating-rate notes due 2009.

The redemption date is set for Feb. 9.

The company said that the redemption price will be calculated based upon a reference Libor, adding that it will pay accrued interest.

United Technologies is a Hartford, Conn.-based provider of high technology products and services to the building and aerospace industries.


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