secwatch / observer
8-K filed March 16, 2023, 7:59 PM ET ticker LHX CIK 0000202058
M&A confidence high sentiment neutral materiality 0.75

L3HARRIS TECHNOLOGIES, INC. /DE/ (LHX): debt financing — L3Harris secures $2.4B credit facility for Aerojet acquisition; FTC second request issued; shareholders approve

L3HARRIS TECHNOLOGIES, INC. /DE/

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 revolving credit of $2.4 billion with JPMorgan Chase Bank, N.A., as administrative agent at term SOFR plus 0.10% plus applicable margin between 1.000% and 1.750% (initially maturing 364 days following the date of the Initial Funding.

Instrument
revolving credit
Principal
$2.4 billion
Counterparty
JPMorgan Chase Bank, N.A., as administrative agent
Rate
term SOFR plus 0.10% plus applicable margin between 1.000% and 1.750% (initially
Maturity
364 days following the date of the Initial Funding
Event
incurrence
Exact text from the filing
established a new $2.4 billion, 364-day senior unsecured revolving credit facility
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

L3HARRIS TECHNOLOGIES, INC. /DE/ entered into Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent, and the lenders from time to time party thereto valued at $2.4 billion (effective 2023-03-10).

Action
entry
Agreement
credit facility
Counterparty
JPMorgan Chase Bank, N.A., as administrative agent, and the lenders from time to time party thereto
Value
$2.4 billion
Effective
2023-03-10
Exact text from the filing
On March 10, 2023, L3Harris Technologies, Inc. (“ L3Harris ”) established a new $2.4 billion, 364-day senior unsecured revolving credit facility (the “ Credit Facility ”) by entering into a 364-Day Credit Agreement (the “ Credit Agreement ”) with the lenders from time to time party thereto and JPMorgan Chase Bank, N.A. (“ JPMorgan ”), as administrative agent.
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 0001104659-23-033361
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.