AI English summary of an SEC filing — figures as filed
L3Harris said it closed the issuance and sale of $600 million of 5.500% Notes due 2054 on August 2, 2024. The Notes were issued under the company's automatic shelf registration statement (Form S-3).
Key points
AI summaryL3Harris said it closed the issuance and sale of $600 million of 5.500% Notes due 2054 on August 2, 2024. The Notes were issued under the company's automatic shelf registration statement (Form S-3).
The company said it entered into an Underwriting Agreement with Barclays Capital Inc., Citigroup Global Markets Inc., HSBC Securities (USA) Inc. and Morgan Stanley & Co. LLC on July 29, 2024, and filed a Prospectus Supplement of the same date.
The company said it plans to use the net proceeds from the Notes for general corporate purposes, including repaying commercial paper borrowings and repaying the $600,000,000 of 3.832% Notes due 2025 at maturity.
The company said the Notes were issued on September 3, 2003 under an Indenture with The Bank of New York Mellon Trust Company, N.A. as trustee. It disclosed that certain underwriters or their affiliates may hold the company's commercial paper or 2025 notes.
Summary
AI-writtenAnalysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
$600 million 5.500% Notes due 2054 Issuance Closed
L3Harris said it closed the issuance and sale of $600 million of 5.500% Notes due 2054 on August 2, 2024. The Notes were issued under the company's automatic shelf registration statement (Form S-3).
Source · Based on the filing body and exhibits
Underwriting Agreement and Underwriting Syndicate
The company said it entered into an Underwriting Agreement with Barclays Capital Inc., Citigroup Global Markets Inc., HSBC Securities (USA) Inc. and Morgan Stanley & Co. LLC on July 29, 2024, and filed a Prospectus Supplement of the same date.
Source · Based on the filing body and exhibits
Use of Net Proceeds
The company said it plans to use the net proceeds from the Notes for general corporate purposes, including repaying commercial paper borrowings and repaying the $600,000,000 of 3.832% Notes due 2025 at maturity.
Source · Based on the filing body and exhibits
Indenture and Trustee
The company said the Notes were issued on September 3, 2003 under an Indenture with The Bank of New York Mellon Trust Company, N.A. as trustee. It disclosed that certain underwriters or their affiliates may hold the company's commercial paper or 2025 notes.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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