Honeywell plans to use cash and debt to pay for the $4.95 billion acquisition of Carrier’s security business and tap the bond market next year.

S&P Global expects to generate more revenue from rating private debt financings, as a potential downturn in credit markets spurs investors to seek more information about the risks their money managers are taking, the company’s finance chief said.

Delta Air Lines is bolstering its efforts to regain the blue-chip rating it lost during the pandemic, the company’s finance chief said. “We’re one notch away,” Dan Janki said. “We think our metrics will certainly be aligned to that next year.”

Some of the largest US companies face billions of dollars in additional interest costs and hits to their profit if they refinance their 2024 maturities at current rates, with a third of them lacking the cash to repay upcoming debt.

Back in Newton, Mass. for this year’s MIT Sloan CFO Summit. I will be moderating a panel on leadership at noon, interviewing the CFOs of Delta Air Lines, Honeywell and GE about the impact of high interest rates, AI and geopolitics on their businesses. Looking forward!

Costco is considering repaying a $1 billion bond maturing in 2024 with cash and won’t be buying back any debt ahead of its maturity, CFO Richard Galanti said, adding that refinancing at current rates doesn’t make sense.

There’s still plenty of reason for companies to sell long-term debt as policymakers signal US interest rates could remain higher for longer, Marsh & McLennan CFO Mark McGivney tells me for Bloomberg News.

Brookfield sees private credit firms and banks working together in the $1.5 trillion market, even as direct lenders continue to fill the gap left by their counterparts.

As the Federal Reserve signals it will likely tighten the money supply further, finance executives are scrambling to cope with the impact of more than a year of central bank rate hikes, taking steps like cutting costs and paying down debt.

LNG terminal operator Cheniere plans to refinance more debt held by its project arms with funding procured by the parent company following its first deal as a highly-rated business this month.