debt
confidence high
sentiment neutral
materiality 0.50
L3Harris closes $600M issuance of 5.500% Notes due 2054; proceeds to refinance existing debt
L3HARRIS TECHNOLOGIES, INC. /DE/
- Issued $600M aggregate principal amount of 5.500% Notes due 2054 on Aug 2, 2024.
- Net proceeds to repay commercial paper borrowings and $600M 3.832% Notes due 2025 at maturity.
- Underwriters include Barclays, Citigroup, HSBC, Morgan Stanley.
- Notes issued under existing shelf registration statement (No. 333-270103).