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United Technologies prices euro-denominated senior debt

Industrial conglomerate United Technologies Corp. priced an offering of €750 million in senior notes due 2024, €500 million in senior notes due 2030 and €750 million in senior notes due 2020.

The 2024 notes carry a coupon rate of 1.150%, the 2030 notes carry a coupon rate of 2.150% and the 2020 notes carry a floating rate.

The offering, the net proceeds of which will be used for general corporate purposes, is expected to close May 18, subject to customary closing conditions.