Raytheon files $3 bln mixed shelf

Thu Oct 23, 2008 11:34am EDT

Oct 23 (Reuters) - Raytheon Co (RTN.N) said on Thursday it may periodically sell up to $3 billion in debt securities, warrants, common and preferred stock.

The defense contractor said it plans to use the proceeds for general and corporate purposes and the net proceeds may be temporarily invested prior to use, according to a regulatory filing.

Under a shelf registration filed with the U.S. Securities and Exchange Commission, a company may sell securities in one or more separate offerings with the size, price and terms to be determined at the time of sale. (Reporting by Shivani Singh in Bangalore; Editing by Amitha Rajan)

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