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UTC Prepays $1 Billion Outstanding Balance of its Goodrich Acquisition Credit Facility Due Dec. 31, 2012

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  Published in Business and Finance on Wednesday, December 5th 2012 at 14:15 GMT by Market Wire
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UTC Prepays $1 Billion Outstanding Balance of its Goodrich Acquisition Credit Facility... -- HARTFORD, Conn., Dec. 5, 2012 /PRNewswire/ --

HARTFORD, Conn., Dec. 5, 2012 /PRNewswire/ -- United Technologies Corp. (NYSE: [ UTX ]) today prepaid the remaining $1.0 billion balance of outstanding principal under its Apr. 24, 2012 Term Loan Credit Agreement. On July 26, 2012, United Technologies Corp. borrowed $2.0 billion under this facility to pay a portion of the cash consideration for its recently-completed acquisition of Goodrich Corp. On Nov. 5, 2012, United Technologies prepaid $1.0 billion of the balance outstanding.  

United Technologies Corp., based in Hartford, Conn., is a diversified company providing high technology products and services to the building and aerospace industries.

UTC-IR

SOURCE United Technologies Corp.