Northrop Grumman Secures $1 Billion Financing with New Senior Notes Due 2030 and 2035

Reuters
30 May
Northrop Grumman Secures $1 Billion Financing with New Senior Notes Due 2030 and 2035

Northrop Grumman Corporation has announced a significant financial move with the issuance of $1 billion in senior notes, consisting of $500 million in 4.650% senior notes due 2030 and another $500 million in 5.250% senior notes due 2035. These notes were issued under an existing indenture framework, which has been supplemented multiple times, the latest being the Thirteenth Supplemental Indenture dated May 29, 2025. The issuance was facilitated by an underwriting agreement with Mizuho Securities USA LLC, Goldman Sachs & Co. LLC, and Morgan Stanley & Co. LLC. The notes are set to mature in July 2030 and July 2035, respectively, unless redeemed earlier by the company. This issuance underscores Northrop Grumman's strategic financial planning and its ongoing relationship with major financial institutions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Northrop Grumman Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-130630), on May 29, 2025, and is solely responsible for the information contained therein.

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