---
schema_version: "secwatch.filing_event.v1"
accession: "0000202058-22-000065"
form_type: "8-K"
ticker: "LHX"
cik: "0000202058"
company_name: "L3HARRIS TECHNOLOGIES, INC. /DE/"
filed_at: "2022-11-28T23:59:59+00:00"
generated_at: "2026-06-21T12:52:36.856573+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# L3Harris enters $2.25B term loan facility to finance Viasat tactical data links acquisition

## Summary
- Loan agreement for $2.25B senior unsecured term loan facility, maturing Nov 21, 2025.
- Proceeds to finance Viasat tactical data links acquisition, repay $250M Floating Rate Notes due 2023, and fees.
- Interest: SOFR + 1.250% initially (ratings-based) or base rate + 0.250% initially.
- No borrowings outstanding at closing; draws allowed until June 30, 2023.
- Commitment fee 0.110% per annum on undrawn amount; unused commitment fee between 0.090% and 0.250%.

## SEC filing metadata
- accession: 0000202058-22-000065
- form_type: 8-K
- ticker: LHX
- cik: 0000202058
- company_name: L3HARRIS TECHNOLOGIES, INC. /DE/
- filed_at: 2022-11-28T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/202058/000020205822000065/0000202058-22-000065-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/202058/000020205822000065/hrs-20221128.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000202058-22-000065
- JSON: https://secwatch.observer/filing/0000202058-22-000065.json
- Plain text: https://secwatch.observer/filing/0000202058-22-000065.txt

## Key facts
- Debt Financings
  L3HARRIS TECHNOLOGIES, INC. /DE/ incurred term loan of $2.25 billion with JPMorgan Chase Bank, N.A. and other lenders at the sum of the term secured overnight funding rate (SOFR) rate for any tenor com maturing November 21, 2025.
  - Instrument: term loan
  - Principal: $2.25 billion
  - Counterparty: JPMorgan Chase Bank, N.A. and other lenders
  - Rate: the sum of the term secured overnight funding rate (SOFR) rate for any tenor com
  - Maturity: November 21, 2025
  - Event: incurrence
  source text: On November 22, 2022 (the “ Closing Date ”), L3Harris Technologies, Inc. (“ L3Harris ”) established a new $2.25 billion, three-year senior unsecured term loan facility by entering into a Loan Agreement (the “ Loan Agreement ”) with the lenders from time to time party thereto and JPMorgan Chase Bank, N.A. (“ JPMorgan "), as administrative agent.
  evidence_url: https://www.sec.gov/Archives/edgar/data/202058/000020205822000065/0000202058-22-000065-index.htm
- Material Agreements
  L3HARRIS TECHNOLOGIES, INC. /DE/ entered into Loan Agreement with JPMorgan Chase Bank, N.A. (as Administrative Agent), Bank of America, N.A., Mizuho Bank, Ltd., Sumitomo Mitsui Banking Corporation, The Toronto-Dominion Bank, New York Branch, Citibank, N.A., The Bank of Nova Scotia valued at Not disclosed; credit facility with multiple lenders (effective 2022-11-22).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A. (as Administrative Agent), Bank of America, N.A., Mizuho Bank, Ltd., Sumitomo Mitsui Banking Corporation, The Toronto-Dominion Bank, New York Branch, Citibank, N.A., The Bank of Nova Scotia
  - Value: Not disclosed; credit facility with multiple lenders
  - Effective: 2022-11-22
  source text: EXECUTION COPY LOAN AGREEMENT Dated as of November 22, 2022 among L3HARRIS TECHNOLOGIES, INC., as the Borrower, THE LENDERS FROM TIME TO TIME PARTY HERETO, JPMORGAN CHASE BANK, N.A., as Administrative Agent, BANK OF AMERICA, N.A., MIZUHO BANK, LTD., SUMITOMO MITSUI BANKING CORPORATION and THE TORONTO-DOMINION BANK, NEW YORK BRANCH, as Co-Syndication Agents CITIBANK, N.A. and THE BANK OF NOVA SCOTIA, as Co-Documentation Agents JPMORGAN CHASE BANK, N.A., BofA SECURITIES, INC., MIZUHO BANK, LTD., SUMITOMO MITSUI BANKING CORPORATION and TD SECURITIES (USA) LLC, as Joint Lead Arrangers and Joint Bookrunners CITIBANK, N.A. and THE BANK OF NOVA SCOTIA, as Joint Lead Arrangers
  evidence_url: https://www.sec.gov/Archives/edgar/data/202058/000020205822000065/0000202058-22-000065-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.