Otis Worldwide Corporation 5.25% 16-AUG-2028Otis Worldwide Corporation 5.25% 16-AUG-2028Otis Worldwide Corporation 5.25% 16-AUG-2028

Otis Worldwide Corporation 5.25% 16-AUG-2028

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OTIS5634792 analysis



Key facts


Issue date
Aug 16, 2023
Maturity date
Aug 16, 2028
Outstanding amount
‪750.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
5.25% (Fixed)
Yield to maturity
4.82%
Otis Worldwide Corp. engages in the manufacture, installation, and provision of escalator and escalator services. It operates through the New Equipment and Service segments. The New Equipment segment designs, manufactures, sells, and installs a wide range of passenger and freight elevators. The Service segment offers maintenance and repair services, and modernization services to upgrade elevators and escalators. The company was founded by Elisha Graves Otis in 1853 and is headquartered in Farmington, CT.
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