On November 5, 2026, Otis Worldwide Corporation issued $500 million aggregate principal amount of its 5.825% Notes due 2036. The company received net proceeds of approximately $495.3 million after underwriting discounts and offering expenses. These funds will be used to repay the maturity of its existing 2.293% Notes due April 5, 2027. Otis Worldwide Corporation is a leading provider of vertical transportation and escalator services.
