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HONEYWELL TO REDEEM 9-7/8 PERCENT SINKING FUND DEBENTURES

 HONEYWELL TO REDEEM 9-7/8 PERCENT SINKING FUND DEBENTURES
 MINNEAPOLIS, Aug. 25 /PRNewswire/ -- Honeywell Inc. (NYSE: HON) said today it is redeeming its 9-7/8 percent Sinking Fund Debentures, due in 2017, at 106.98 percent of their principal amount on Sept. 25, 1992, plus interest accrued to that date.
 One hundred million dollars of the 9-7/8 percent Sinking Fund Debentures were issued in 1987; that amount is currently outstanding.
 Bankers Trust is the paying agent for the redemption.
 Honeywell is a global controls company that provides products, systems and services for homes and buildings, industry, and aviation and space. The company employs 58,000 people worldwide and had 1991 sales of $6.2 billion.
 -0- 8/25/92
 /CONTACT: Kevin Whalen of Honeywell Inc., 612-870-2524/
 (HON) CO: Honeywell Inc. ST: Minnesota IN: CPR SU:


DS -- MN006 -- 2915 08/25/92 09:25 EDT
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Publication:PR Newswire
Date:Aug 25, 1992
Words:145
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