L3HARRIS TECHNOLOGIES, INC. /DE/ (LHX): debt financing — L3Harris completes $1.96B acquisition of Viasat's Link 16 tactical data links product line

L3HARRIS TECHNOLOGIES, INC. /DE/

Acquisition closed Jan 3, 2023 for ~$1.96B cash, subject to customary adjustments.
Funded by $2.0B draw from three-year senior unsecured term loan facility.
Product line is Viasat's Tactical Data Links (Link 16) network.
U.S. and allied partner regulatory approvals secured in December 2022.
Tickers: LHX (buyer) and VSAT (seller) mentioned in press release.

item 2.03 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

L3HARRIS TECHNOLOGIES, INC. /DE/ incurred term loan of $2.0 billion maturing three-year.

Instrument: term loan
Principal: $2.0 billion
Maturity: three-year
Event: incurrence

Exact text from the filing

On January 3, 2023, L3Harris Technologies, Inc. (“3Harris”) drew $2.0 billion from its three-year senior unsecured term loan facility, as further described in L3Harris' Current Report on Form 8-K filed with the Securities and Exchange Commission on November 28, 2022, to pay the purchase price and certain expenses related to the acquisition of Viasat, Inc.’s (“Viasat”) tactical data links product line.

View on SEC.gov

54 debt financings filed in the last 30 days. Browse all debt financings →

L3HARRIS TECHNOLOGIES, INC. /DE/ filing history →

Source: SEC EDGAR

accession 0000202058-23-000002

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.