secwatch.observer — SEC 8-K summary
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Issuer:     L3HARRIS TECHNOLOGIES, INC. /DE/ (LHX)
CIK:        0000202058
Form:       8-K
Filed at:   2022-11-28T23:59:59+00:00
Accession:  0000202058-22-000065
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

L3Harris enters $2.25B term loan facility to finance Viasat tactical data links acquisition
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- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/202058/000020205822000065/0000202058-22-000065-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/202058/000020205822000065/hrs-20221128.htm
  HTML page:      https://secwatch.observer/filing/0000202058-22-000065

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer