Otis in its $500 million registered public offering of its 5.131% Notes due 2035

On September 4, 2025, Otis Worldwide Corp (NYSE: OTIS) completed a registered public offering of $500 million aggregate principal amount of its 5.131% Notes due 2035.  Otis intends to use the net proceeds from this offering to fund the repayment at maturity of its 0.370% Notes due March 18, 2026, of which ¥21.5 billion (approximately $147 million as of June 30, 2025) principal amount is currently outstanding, with any excess to fund the repayment of commercial paper borrowings and for other general corporate purposes.

Wachtell, Lipton, Rosen & Katz is serving as legal advisor to Otis.