debt
confidence high
sentiment neutral
materiality 0.50
Lockheed Martin issues $1B in senior notes: $600M 4.700% due 2031, $400M 5.200% due 2055
LOCKHEED MARTIN CORP
- $1B aggregate of senior unsecured notes: $600M of 4.700% Notes due 2031 and $400M of 5.200% Notes due 2055.
- 2031 Notes mature Dec 15, 2031; 2055 Notes mature Feb 15, 2055 (additional issuance of existing series).
- Net proceeds for general corporate purposes, including pension funding.
- Issued via public offering; underwriters: Wells Fargo, BofA Securities, Goldman Sachs.