secwatch.observer — SEC 8-K summary
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Issuer:     LOCKHEED MARTIN CORP (LMT)
CIK:        0000936468
Form:       8-K
Filed at:   2022-05-05T23:59:59+00:00
Accession:  0000936468-22-000059
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lockheed Martin completes $2.3B senior notes offering; proceeds to redeem $2.25B in existing notes
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- Issued $2.3B senior notes: $800M 3.900% due 2032, $850M 4.150% due 2053, $650M 4.300% due 2062.
- Proceeds to redeem $500M 3.10% notes due 2023, $750M 2.90% notes due 2025, $1B of $2B 3.55% notes due 2026.
- Interest paid semi-annually starting June 15, 2022; notes redeemable at any time at specified prices.
- Underwriting agreement with Wells Fargo Securities and BofA Securities dated April 21, 2022.
- Balance of net proceeds used for fees, expenses, and general corporate purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/936468/000093646822000059/0000936468-22-000059-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/936468/000093646822000059/lmt-20220505.htm
  HTML page:      https://secwatch.observer/filing/0000936468-22-000059

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