United Technologies Announces Final Results of Cash Tender Offers for Goodrich Notes

Tue Jan 8, 2013 5:15pm EST

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HARTFORD, Conn.,  Jan. 8, 2013  /PRNewswire/ -- United Technologies Corp. 
(NYSE: UTX) today announced the final results for the previously announced cash
tender offers (the "Offers") for six series of outstanding notes issued by the
Goodrich Corporation. As of the expiration of the Offers at midnight,  New York
City  time, at the end of  Jan. 7, 2013  (the "Expiration Time"), approximately 
$30.9 million  principal amount of the 2018 notes, approximately  $129.3 million
 principal amount of the 2020 notes, approximately  $305.8 million  principal
amount of the 2021 notes, approximately  $9.4 million  principal amount of the
2027 notes, approximately  $120.2 million  principal amount of the 2036 notes
and approximately  $40.9 million  principal amount of the 2038 notes were
validly tendered and not validly withdrawn in the Offers, or a total of  $636.5
million  principal amount of all notes subject to the Offers.   

Subject to the terms and conditions of the Offers, UTC has accepted for purchase
all of the notes validly tendered and not validly withdrawn pursuant to the
Offers at or prior to the Expiration Time and that have not previously been
purchased during the course of the Offers. Payment for notes accepted for
purchase will be made on  Jan. 8, 2013.

This press release is neither an offer to purchase nor a solicitation of an
offer to sell securities.  No offer, solicitation, purchase or sale will be made
in any jurisdiction in which such offer, solicitation, or sale would be
unlawful.  The Offers are being made solely pursuant to terms and conditions set
forth in the Offer to Purchase and the Letter of Transmittal.

Merrill Lynch, Pierce, Fenner & Smith Incorporated, Deutsche Bank Securities
Inc. and Goldman, Sachs & Co. are serving as Joint Dealer Managers for the
Offers.  Questions regarding the Offers may be directed to Merrill Lynch at
888-292-0070 (toll free) or 646-855-3401 (collect), to Deutsche Bank at
866-627-0391 (toll free) or 212-250-2955 (collect), or to Goldman Sachs at
800-828-3182 (toll free) or 212-902-6941 (collect).  Requests for the Offer to
Purchase or the Letter of Transmittal or the documents incorporated by reference
therein may be directed to  D.F. King  & Co., Inc., which is acting as Tender
and Information Agent for the Offers, at the following telephone numbers: banks
and brokers, (212) 269-5550; all others toll free at (800) 967-4604.

United Technologies Corp., based in  Hartford, Conn., is a diversified company
providing high technology products and services to the building and aerospace

This press release includes statements related to proposed transactions,
anticipated uses of cash, and plans to reduce debt that constitute
"forward-looking statements" under the securities laws.  Forward-looking
statements can be identified by the use of words such as "believe," "expect,"
"expectations," "plans," "strategy," "prospects," "estimate," "project,"
"target," "anticipate," "will," "should," "see," "guidance," "confident" and
other words of similar meaning in connection with a discussion of future
operating or financial performance.  All forward-looking statements involve
risks, uncertainties and assumptions that may cause actual results to differ
materially from those expressed or implied in the forward-looking statements. 
Risks and uncertainties include, without limitation, the effect of economic
conditions in the markets in which we operate, including financial market
conditions, fluctuation in commodity prices, interest rates and foreign currency
exchange rates; future levels of capital and research and development spending;
levels of end market demand in construction and in the aerospace industry;
levels of air travel; financial difficulties of commercial airlines; the
financial condition of our customers and suppliers; cost reduction efforts and
restructuring costs; the scope, nature or impact of acquisitions, dispositions,
joint ventures and other business arrangements, including integration of
acquired businesses; the development and production of new products and
services; and the effect of changes in laws and regulations and political
conditions in countries in which we operate and other factors beyond our
control.  For additional information identifying risk factors and uncertainties,
see our reports on Forms 10-K, 10-Q and 8-K filed with the SEC from time to
time, including, but not limited to, the information included in UTC's Forms
10-K and 10-Q under the headings "Business," "Risk Factors," "Management's
Discussion and Analysis of Financial Condition and Results of Operations" and
"Legal Proceedings" and in the notes to the financial statements included in
UTC's Forms 10-K and 10-Q.  The forward looking statements included in this
press release are made only as of the date hereof.  UTC undertakes no obligation
to update the forward-looking statements to reflect subsequent events or


Contact:  Ian Race                      
(860) 728-6515      

SOURCE  United Technologies Corp.
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