Northrop Grumman Raises $1 Billion Via Debt
Northrop Grumman Corporation (NYSE:NOC), in an exchange filing, said that on May 29, it had issued $1 billion in new senior notes, split evenly between two tranches maturing in 2030 and 2035. The notes, carrying interest rates of 4.650% and 5.250% respectively, were issued on May 29 under an amended and restated indenture. The securities were sold through an underwriting agreement involving Mizuho Securities USA, Goldman Sachs & Co., and Morgan Stanley & Co. as lead managers. Also Read: 3 Defens