The 364-day Credit Agreement was signed with Citibank and JPMorgan Chase , Honeywell said in a filing, adding that the loan does not does not restrict its ability to pay dividend. The agreement comes after the industrial conglomerate entered into a $6 billion loan agreement last month to bolster liquidity as the fast-spreading coronavirus pandemic wreaks havoc on the global economy. Honeywell has reported a surge in demand for its protective face masks in North America, Europe, India and China, following the novel coronavirus outbreak.
