New Issue-Lockheed Martin sells $1.5 bln debt

Nov 13 (Reuters) - Lockheed Martin Corp (LMT.N) on Friday
sold $1.5 billion of debt in a two-part sale, said IFR, a
Thomson Reuters service.

Citigroup and JP Morgan were the active bookrunning
managers for the sale. Bank of America Merrill Lynch and Morgan
Stanley were the passive bookrunning managers.
BORROWER: LOCKHEED MARTIN CORP
AMT $ 900 MLN COUPON 4.25 PCT MATURITY 11/15/2019
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FITCH A-MINUS MORE THAN TREAS NON-CALLABLE
AMT $ 600 MLN COUPON 5.50 PCT MATURITY 11/15/2039
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MOODY'S Baa1 YIELD 5.557 PCT SETTLEMENT 11/18/2009
S&P A-MINUS SPREAD 120 BPS PAY FREQ SEMI-ANNUAL
FITCH A-MINUS MORE THAN TREAS NON-CALLABLE