New York, July 28, 2015 -- Moody's Investors Service said today that its A2 senior unsecured and P-1 short-term ratings for Honeywell International Inc. are unaffected by the company's planned acquisition of Elster Group GmbH (unrated). Elster is a leading global provider of gas, electricity and water meters and related communications, networking and software solutions. The acquisition, valued at $5.1 billion, is expected to close in the first quarter of 2016. Honeywell will fund the purchase primarily with overseas cash, and some new debt issued by one or more of its US subsidiaries.

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